Li Guixi personal page - To The Moon

Li Guixi

Li Guixi

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2023-07-19

2022-03-08

💰

Sorry, the original content has been removed

2022-02-25

👍

Sorry, the original content has been removed

2022-02-16

💰

The Hong Kong Stock Exchange welcomes its sixth SPAC to submit its application! What capital has already entered the market?

2022-01-27

👍

The Nasdaq rose more than 2%! Markets hold their breath as they await Federal Reserve Chairman Powell's press conference.

2022-01-14

👌

Are capitalists tired of hearing the "metaverse" story of Chinese Online?

2021-08-24

Good to buy ?

2021-08-11

$fuboTV Inc.(FUBO)$Thanks

2021-08-01

Share . Good

2021-07-10

Keep waiting

2021-06-29

Waiting for FDA approval . Keep for long term

2021-06-22

Keep waiting for next level

2021-06-22

My stock list ,keep waiting

2021-06-02

Good effortd

Stocks favored by retail investors in the U.S. stock market rose in after-hours trading, with AMC Cinemas gaining nearly 20%.

2021-05-31

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2021-05-22

?keeping waiting

2021-05-22

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Boeing rose in pre-market trading! Plans to increase monthly production capacity of 737 Max aircraft

2021-05-22

Keep waiting

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2021-05-21

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It's coming soon! This is the true "Nasdaq" of A-shares.

2021-05-20

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Ford rose in pre-market trading after announcing a joint venture with SK Innovations.

Go to Tiger App to see more news

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Guixi","avatar":"https://static.tigerbbs.com/d47f140f55f4badb19ca06d16064de5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570833668911971","idStr":"3570833668911971"},"themes":[],"title":"","htmlText":"💰","listText":"💰","text":"💰","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095473005","repostId":"1102305568","repostType":4,"repost":{"id":"1102305568","kind":"news","weMediaInfo":{"introduction":"中国大陆领先的金融数据、信息和软件服务企业，总部位于上海陆家嘴金融中心。","home_visible":1,"media_name":"Wind万得","id":"99","head_image":"https://static.tigerbbs.com/c71e30d1317b4a5cb20a41998e10ac68"},"pubTimestamp":1644979739,"share":"https://ttm.financial/m/news/1102305568?lang=en_US&edition=fundamental","pubTime":"2022-02-16 10:48","market":"hk","language":"zh","title":"The Hong Kong Stock Exchange welcomes its sixth SPAC to submit its application! What capital has already entered the market?","url":"https://stock-news.laohu8.com/highlight/detail?id=1102305568","media":"Wind万得","summary":"港交所近日披露，“特殊目的收购公司”（SPAC）Vision Deal递表港交所主板上市，花旗及海通国际担任联席保荐人。阿里巴巴前CEO卫哲、Deal Globe、楼立枢及创富融资为发起人。（图片来源","content":"<p><html><head></head><body>The Hong Kong Stock Exchange recently disclosed that Vision Deal, a special purpose acquisition company (SPAC), has submitted its application for listing on the main board of the Hong Kong Stock Exchange.<a href=\"https://laohu8.com/S/C\">Citi</a>and<a href=\"https://laohu8.com/S/00665\">Haitong International</a>Acting as joint sponsors.<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>Former CEO Wei Zhe, Deal Globe, Lou Lishu, and Chuangfu Financing are the initiators.</p><p><img src=\"https://static.tigerbbs.com/de7a7b5d0845bce6df8aca065ff9c141\" tg-width=\"796\" tg-height=\"659\" referrerpolicy=\"no-referrer\"/></p><p>(Image source: Vision Deal prospectus)</p><p>The prospectus shows that the company plans to focus on specializing in...<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>Automotive technology, and high-quality Chinese companies with supply chain and cross-border e-commerce capabilities that benefit from domestic consumption upgrading trends.</p><p><b>The former CEO of Alibaba is the initiator.</b></p><p>According to the prospectus, the initiators of Vision Deal are Wei Zhe, founder of Jiayu Capital and former CEO of Alibaba, Deal Globe, Lou Lishu, and Chuangfu Financing. 90% of the Class B shares of Vision Deal are held by Vision Deal Acquisition Sponsor LLC, which is held as to 40%, 40% and 20% by VKC Management, Deal Globe and Lou Lishu, respectively. VKC Management is an investment holding company wholly owned by Wei Zhe.</p><p>The remaining 10% of Vision Deal's Class B shares are held by Opus Vision SPAC Limited, an investment holding company wholly owned by Chuangfu Capital.</p><p>In terms of the founder's background, Jiayu Capital, a private equity investment fund founded by Wei Zhe, focuses on new channels, B2B platforms/services/products, new consumption and new technologies empowered by China's internet industry. As of December 31, 2021, its assets under management reached US$2.2 billion. Some of its well-known investments in China over the past decade focused on consumption upgrading include:<a href=\"https://laohu8.com/S/09992\">Pop Mart</a>、<a href=\"https://laohu8.com/S/06969\">Smoore International</a>、<a href=\"https://laohu8.com/S/300866\">Anker Innovation</a>etc.</p><p>Deal Globe is a member company of Easyworld Group, a cross-border boutique investment bank; Lou Lishu has held various positions in private equity firms and investment banks, including in San Francisco.<a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>Apax Partners in New York and Hillhouse Capital in Beijing; Chuangfu Capital provides a variety of financial services and has successfully completed 46 initial public offerings and secondary offerings of listed and private companies since its inception, with a total transaction size of approximately US$1.5 billion.</p><p>According to Vision Deal's prospectus, several macroeconomic factors and industry trends will continue to support China's intelligent vehicle technology market and consumption upgrading trends. China's economy has not only experienced strong growth over the past decade, but related policy and technological advancements are driving the growth of China's intelligent vehicle technology market. Furthermore, Vision Deal has witnessed the rise of Chinese companies benefiting from China's vibrant consumer market. Supported by strong domestic supply chain capabilities, Chinese consumer goods companies are gaining increasing recognition overseas.</p><p><b>The Hong Kong Stock Exchange has received applications from six SPACs.</b></p><p>According to Wind statistics, since 2022, six SPACs have applied for listing on the Hong Kong Stock Exchange. Among them, February had Ace Eight Acquisition Corporation (Ace Eight) and Vision Deal HK Acquisition Corp (Vision Deal) Submitted an application for listing.</p><p>In addition, on January 17, the Hong Kong Stock Exchange welcomed the filing of Aquila Acquisition (Aquila); On January 28, Tiger Jade Acquisition (Tiger Jade) filed for listing on the Hong Kong Stock Exchange; On January 31, Trinity Acquisition (Trinity) and Interra Acquisition (Interra) simultaneously filed for listing on the Hong Kong Stock Exchange.</p><p>According to Wind's analysis, the six SPACs currently submitted for listing on the Hong Kong Stock Exchange invest in different sectors: Aquila plans to focus on technology-enabled companies in Asian (especially China's) \"new economy\" industries (such as green energy, life sciences, and advanced technology and manufacturing); Tiger Jade focuses on the healthcare industry; Trinity focuses on the global consumer sector.</p><p>Interra plans to invest<a href=\"https://laohu8.com/S/C76.SI\">Innovative Technology</a>High-growth companies in areas such as consumer and new retail, high-end manufacturing, healthcare, and climate action; Ace Eight focuses on companies operating in the biotechnology and TMT industries in Asia.</p><p>In terms of the initiators, the initiators of all six SPACs are well-known institutions and individuals. For example, one of the founders of Aquila is CMB International Asset Management; Tiger Jade's initiators include Taixin Capital, a private equity fund focused on healthcare; Trinity founders include well-known athletes<a href=\"https://laohu8.com/S/02331\">Li Ning</a>； Interra was initiated by institutions such as Primavera Capital and ABC International Asset Management.</p><p><b>Investment opportunities and risks of SPACs</b></p><p>A SPAC is a shell company. The purpose of an IPO is to acquire a company (i.e., the SPAC target) within a predetermined period of time after listing (i.e., a SPAC M&A transaction). With massive liquidity support from central banks around the world during the pandemic, the number of SPAC IPOs worldwide has exploded in the past two years.</p><p><a href=\"https://laohu8.com/S/002736\">Guoxin Securities</a>It was stated that the Hong Kong-listed SPAC mechanism will present a significant development opportunity for large domestic securities firms. Large securities firms have a complete range of businesses and have accumulated mature teams in each business line. By creating SPACs, they can not only contribute to the development of the country's new economy, but also strengthen their comprehensive strength utilization skills and consolidate their market position.</p><p>China Development Bank Securities warned of risks, stating that the SPAC model has policy benefits, but this enthusiasm will suddenly cool down once regulatory policies are tightened. It is difficult to say that a capital market model in which the level of prosperity is firmly controlled by regulatory policies, explodes in a short period of time, and then suddenly cools down after being warned by regulators to be aware of risks does not have a bubble.</p><p>In terms of specific investment strategies, China Development Bank Securities stated that the period from the announcement of the acquisition to the completion of the acquisition is the period in which the stock price of a SPAC rises the most, and after the acquisition is completed, it can be treated as a general secondary market investment. Investors primarily use the period from the announcement of the merger to its completion as their main investment period. To reap the returns during this period, they should buy when there are \"rumors\" and sell when the dust has settled.</p><p></body></html></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Hong Kong Stock Exchange welcomes its sixth SPAC to submit its application! What capital has already entered the market?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Hong Kong Stock Exchange welcomes its sixth SPAC to submit its application! What capital has already entered the market?\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/99\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/c71e30d1317b4a5cb20a41998e10ac68);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Wind万得 </p>\n<p class=\"h-time smaller\">2022-02-16 10:48</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>The Hong Kong Stock Exchange recently disclosed that Vision Deal, a special purpose acquisition company (SPAC), has submitted its application for listing on the main board of the Hong Kong Stock Exchange.<a href=\"https://laohu8.com/S/C\">Citi</a>and<a href=\"https://laohu8.com/S/00665\">Haitong International</a>Acting as joint sponsors.<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>Former CEO Wei Zhe, Deal Globe, Lou Lishu, and Chuangfu Financing are the initiators.</p><p><img src=\"https://static.tigerbbs.com/de7a7b5d0845bce6df8aca065ff9c141\" tg-width=\"796\" tg-height=\"659\" referrerpolicy=\"no-referrer\"/></p><p>(Image source: Vision Deal prospectus)</p><p>The prospectus shows that the company plans to focus on specializing in...<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>Automotive technology, and high-quality Chinese companies with supply chain and cross-border e-commerce capabilities that benefit from domestic consumption upgrading trends.</p><p><b>The former CEO of Alibaba is the initiator.</b></p><p>According to the prospectus, the initiators of Vision Deal are Wei Zhe, founder of Jiayu Capital and former CEO of Alibaba, Deal Globe, Lou Lishu, and Chuangfu Financing. 90% of the Class B shares of Vision Deal are held by Vision Deal Acquisition Sponsor LLC, which is held as to 40%, 40% and 20% by VKC Management, Deal Globe and Lou Lishu, respectively. VKC Management is an investment holding company wholly owned by Wei Zhe.</p><p>The remaining 10% of Vision Deal's Class B shares are held by Opus Vision SPAC Limited, an investment holding company wholly owned by Chuangfu Capital.</p><p>In terms of the founder's background, Jiayu Capital, a private equity investment fund founded by Wei Zhe, focuses on new channels, B2B platforms/services/products, new consumption and new technologies empowered by China's internet industry. As of December 31, 2021, its assets under management reached US$2.2 billion. Some of its well-known investments in China over the past decade focused on consumption upgrading include:<a href=\"https://laohu8.com/S/09992\">Pop Mart</a>、<a href=\"https://laohu8.com/S/06969\">Smoore International</a>、<a href=\"https://laohu8.com/S/300866\">Anker Innovation</a>etc.</p><p>Deal Globe is a member company of Easyworld Group, a cross-border boutique investment bank; Lou Lishu has held various positions in private equity firms and investment banks, including in San Francisco.<a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>Apax Partners in New York and Hillhouse Capital in Beijing; Chuangfu Capital provides a variety of financial services and has successfully completed 46 initial public offerings and secondary offerings of listed and private companies since its inception, with a total transaction size of approximately US$1.5 billion.</p><p>According to Vision Deal's prospectus, several macroeconomic factors and industry trends will continue to support China's intelligent vehicle technology market and consumption upgrading trends. China's economy has not only experienced strong growth over the past decade, but related policy and technological advancements are driving the growth of China's intelligent vehicle technology market. Furthermore, Vision Deal has witnessed the rise of Chinese companies benefiting from China's vibrant consumer market. Supported by strong domestic supply chain capabilities, Chinese consumer goods companies are gaining increasing recognition overseas.</p><p><b>The Hong Kong Stock Exchange has received applications from six SPACs.</b></p><p>According to Wind statistics, since 2022, six SPACs have applied for listing on the Hong Kong Stock Exchange. Among them, February had Ace Eight Acquisition Corporation (Ace Eight) and Vision Deal HK Acquisition Corp (Vision Deal) Submitted an application for listing.</p><p>In addition, on January 17, the Hong Kong Stock Exchange welcomed the filing of Aquila Acquisition (Aquila); On January 28, Tiger Jade Acquisition (Tiger Jade) filed for listing on the Hong Kong Stock Exchange; On January 31, Trinity Acquisition (Trinity) and Interra Acquisition (Interra) simultaneously filed for listing on the Hong Kong Stock Exchange.</p><p>According to Wind's analysis, the six SPACs currently submitted for listing on the Hong Kong Stock Exchange invest in different sectors: Aquila plans to focus on technology-enabled companies in Asian (especially China's) \"new economy\" industries (such as green energy, life sciences, and advanced technology and manufacturing); Tiger Jade focuses on the healthcare industry; Trinity focuses on the global consumer sector.</p><p>Interra plans to invest<a href=\"https://laohu8.com/S/C76.SI\">Innovative Technology</a>High-growth companies in areas such as consumer and new retail, high-end manufacturing, healthcare, and climate action; Ace Eight focuses on companies operating in the biotechnology and TMT industries in Asia.</p><p>In terms of the initiators, the initiators of all six SPACs are well-known institutions and individuals. For example, one of the founders of Aquila is CMB International Asset Management; Tiger Jade's initiators include Taixin Capital, a private equity fund focused on healthcare; Trinity founders include well-known athletes<a href=\"https://laohu8.com/S/02331\">Li Ning</a>； Interra was initiated by institutions such as Primavera Capital and ABC International Asset Management.</p><p><b>Investment opportunities and risks of SPACs</b></p><p>A SPAC is a shell company. The purpose of an IPO is to acquire a company (i.e., the SPAC target) within a predetermined period of time after listing (i.e., a SPAC M&A transaction). With massive liquidity support from central banks around the world during the pandemic, the number of SPAC IPOs worldwide has exploded in the past two years.</p><p><a href=\"https://laohu8.com/S/002736\">Guoxin Securities</a>It was stated that the Hong Kong-listed SPAC mechanism will present a significant development opportunity for large domestic securities firms. Large securities firms have a complete range of businesses and have accumulated mature teams in each business line. By creating SPACs, they can not only contribute to the development of the country's new economy, but also strengthen their comprehensive strength utilization skills and consolidate their market position.</p><p>China Development Bank Securities warned of risks, stating that the SPAC model has policy benefits, but this enthusiasm will suddenly cool down once regulatory policies are tightened. It is difficult to say that a capital market model in which the level of prosperity is firmly controlled by regulatory policies, explodes in a short period of time, and then suddenly cools down after being warned by regulators to be aware of risks does not have a bubble.</p><p>In terms of specific investment strategies, China Development Bank Securities stated that the period from the announcement of the acquisition to the completion of the acquisition is the period in which the stock price of a SPAC rises the most, and after the acquisition is completed, it can be treated as a general secondary market investment. Investors primarily use the period from the announcement of the merger to its completion as their main investment period. To reap the returns during this period, they should buy when there are \"rumors\" and sell when the dust has settled.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c1cb237e736a4e03c939622e7b71e8e7","relate_stocks":{"HSI":"恒生指数","HSTECH":"恒生科技指数","HSCEI":"国企指数","HSCCI":"红筹指数"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102305568","content_text":"港交所近日披露，“特殊目的收购公司”（SPAC）Vision Deal递表港交所主板上市，花旗及海通国际担任联席保荐人。阿里巴巴前CEO卫哲、Deal Globe、楼立枢及创富融资为发起人。（图片来源：Vision Deal招股书）招股书显示，公司拟重点关注专门从事智能汽车技术，及具备供应链及跨境电商能力、从国内消费升级趋势中受益的中国优质公司。阿里巴巴前CEO为发起人据招股书披露，Vision Deal发起人为嘉御资本创始人、阿里巴巴前CEO卫哲、Deal Globe、楼立枢及创富融资。Vision Deal B类股份的90%由Vision Deal Acquisition Sponsor LLC持有，后者分别由VKC Management、Deal Globe及楼立枢分别持有40%、40%及20%权益。VKC Management是卫哲全资拥有的投资控股公司。Vision Deal剩余10%的B类股份由Opus Vision SPAC Limited持有，该公司为创富融资全资拥有的投资控股公司。从发起人背景来看，卫哲创立的私募股权投资基金嘉御资本注于中国互联网行业赋能的新渠道、B2B平台╱服务╱产品、新消费及新技术，截至2021年12月31日，资产管理规模达到22亿美元。其过去十年间在中国进行的部分以消费升级为主题的知名投资包括：泡泡玛特、思摩尔国际、安克创新等。Deal Globe为跨境精品投行易界集团成员公司；楼立枢曾于私募股权公司及投资银行担任多个职务，包括旧金山的高盛、纽约的Apax Partners及北京的高瓴资本；创富融资提供多项金融服务，自成立以来已成功完成46项上市公司及私人公司的首次公开发售及二次发行交易，总交易规模约15亿美元。Vision Deal招股书显示，若干宏观经济因素及行业趋势将继续支撑中国智能汽车技术市场及消费升级趋势。中国经济不仅于过去十年间强劲增长，相关政策及技术进步正推动中国智能汽车技术市场的增长。此外，Vision Deal见证受益于中国充满活力消费市场的中国公司的崛起。在强大的国内供应链能力支持下，中国消费品公司在海外越来越受认可。港交所已迎接6只SPAC递表据Wind统计，2022年以来，已经有6家SPAC递表港交所上市。其中，2月分别有Ace Eight Acquisition Corporation（Ace Eight）和Vision Deal HK Acquisition Corp （Vision Deal）递表申请上市。此外，1月17日，港交所迎接Aquila Acquisition（Aquila）递表；1月28日，Tiger Jade Acquisition（Tiger Jade）递表港交所；1月31日，Trinity Acquisition（Trinity）及Interra Acquisition（Interra）同时递表港交所。据Wind梳理，目前递表港交所上市的6只SPAC分别投资于不同领域：Aquila计划重点关注亚洲（特别是中国）“新经济”行业（例如绿色能源、生命科学及先进科技与制造行业）内有科技赋能的公司；Tiger Jade专注于医疗保健行业；Trinity关注全球性消费领域。Interra计划投资创新科技、消费及新零售、高端制造、医疗健康及气候行动等领域的高增长型公司；Ace Eight则关注亚洲经营生物技术及TMT行业的公司。而从发起人来看，6只SPAC的发起人均来自知名机构和个人。例如，Aquila发起人之一为招银国际资产管理；Tiger Jade发起人包括专注医疗保健的私募股权基金泰欣资本；Trinity发起人包括知名运动员李宁；而Interra则由春华资本、农银国际资管等机构发起。SPAC的投资机遇与风险SPAC是一种空壳公司，IPO的目的是在上市后一段预设时间内收购（即SPAC并购交易）一家公司（即SPAC并购目标）。在疫情期间全球央行的天量流动性支持下，全球SPAC IPO数量在过去两年迎来井喷式爆发。国信证券表示，港股SPAC 机制将是国内大型券商的重大发展机遇。大型券商的业务种类齐全，在各条业务线都积淀了成熟的团队，通过创设SPAC，不仅可以为国家新经济发展做出贡献，也可以强化综合实力的运用技巧，巩固市场地位。国开证券则提示风险称，SPAC模式是有政策红利的，当监管政策一旦收紧，这种狂热将骤然降温。一种繁荣景气程度被监管政策牢牢控制、短期内井喷式爆发、又被监管提示注意风险后骤然降温的资本市场模式，我们很难说它不存在泡沫。从具体投资策略来看，国开证券表示，SPAC 股价在宣布并购到完成并购期间是涨幅最大的区间，并购完成后就可按照一般二级市场投资对待。投资者主要以宣布并购到并购完成作为主要投资期间，欲获取此期间收益就要买在“流言蜚语”时，卖在“尘埃落定”时。","news_type":1,"symbols_score_info":{"HSCEI":0.9,"HSI":0.9,"HSTECH":0.9,"HSCCI":0.9}},"isVote":1,"tweetType":1,"viewCount":4928,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9090561807,"gmtCreate":1643234724753,"gmtModify":1676533787211,"author":{"id":"3570833668911971","authorId":"3570833668911971","name":"Li Guixi","avatar":"https://static.tigerbbs.com/d47f140f55f4badb19ca06d16064de5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570833668911971","idStr":"3570833668911971"},"themes":[],"title":"","htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090561807","repostId":"1147036450","repostType":4,"repost":{"id":"1147036450","kind":"news","weMediaInfo":{"introduction":"中国大陆领先的金融数据、信息和软件服务企业，总部位于上海陆家嘴金融中心。","home_visible":1,"media_name":"Wind万得","id":"99","head_image":"https://static.tigerbbs.com/c71e30d1317b4a5cb20a41998e10ac68"},"pubTimestamp":1643210255,"share":"https://ttm.financial/m/news/1147036450?lang=en_US&edition=fundamental","pubTime":"2022-01-26 23:17","market":"us","language":"zh","title":"The Nasdaq rose more than 2%! Markets hold their breath as they await Federal Reserve Chairman Powell's press conference.","url":"https://stock-news.laohu8.com/highlight/detail?id=1147036450","media":"Wind万得","summary":"周三，投资者等待美联储（Federal Reserve）会议结果，美国股市开盘上涨，此前市场又经历一个疯狂的交易日。美联储本次会议预计将为2022年定下基调。道琼斯工业指数上涨约308点，涨幅0.9%","content":"<p><html><head></head><body>U.S. stocks opened higher on Wednesday as investors awaited the outcome of the Federal Reserve meeting, following another frenzied trading day. The Federal Reserve's meeting is expected to set the tone for 2022.</p><p>The Dow Jones Industrial Average rose about 308 points, or 0.9%. The S&P 500 rose 1.5%. The Nasdaq Composite Index rose 2.5%.</p><p>Luca Paolini, chief strategist at Pictet Asset Management, said: “Today’s focus will be on the Federal Reserve, and the tone of the press conference is key. One might think that the Fed might soften its rhetoric given market volatility and geopolitical tensions.”</p><p>The VIX index, which measures expected volatility, fell 2.8 points to 28.4, and is sometimes called a panic indicator on Wall Street. The index rose this week as the stock market fell.</p><p>The Federal Reserve will conclude its two-day policy meeting on Wednesday and release a statement in the afternoon local time. The Federal Reserve is not expected to make any policy adjustments, but investors will be looking for clues about when and to what extent the Fed will rate hike later this year. Market participants will also be looking for hints that the Federal Reserve will take further steps to unwind aid during the pandemic.</p><p>In March 2020, when the pandemic broke out globally, the Federal Reserve lowered interest rates to near zero. In September 2020, Federal Reserve officials said they would keep interest rates unchanged until inflation expectations moderated above 2% and the labor market returned to levels consistent with full employment.</p><p>The Federal Reserve could use its post-meeting statement on Wednesday to announce that it has essentially achieved both goals. According to the Federal Reserve's preferred indicators, excluding the volatile food and energy categories, inflation surged to 4.7% in November last year compared to the same period last year, easily exceeding the first target. Most Federal Reserve officials said that the unemployment rate fell sharply in the second half of last year (to 3.9% in December), coupled with strong wage growth, almost achieved the second target.</p><p>Such an acknowledgment would enable the Federal Reserve to send its clearest signal yet, indicating that it is prepared to rate hike by 25 basis points at its meeting on March 15-16.</p><p>Powell may come under pressure on the inflation outlook, which could affect the number of Federal Reserve rate hike. He presented his latest ideas when he testified before Congress in January. He said that high inflation is due to an imbalance between supply and demand.</p><p>Market strategists believe that recent market volatility is unlikely to prevent the Federal Reserve from rate hike at most four times this year. On Tuesday, the Dow Jones Industrial Average closed down 66 points, or 0.2%. A day earlier, the Dow Jones Industrial Average rebounded from a 1,115-point drop and rose slightly.</p><p>The S&P 500 and Nasdaq Composite also closed well below their intraday lows on Tuesday, but still fell 1.2% and 2.3%, respectively.</p><p><a href=\"https://laohu8.com/S/BLK\">BlackRock</a>\"We are in a tight environment,\" said Rick Rieder of BlackRock. \"Interest rates will trend upward, and volatility will be higher.\"</p><p>U.S. Treasury Bond yields surged at the beginning of the year on expectations that the Federal Reserve would tighten monetary policy. On Wednesday, the benchmark 10-year Treasury Bond yield was around 1.78%.</p><p>Regarding individual stocks,<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>Technology stocks rebounded in early trading after the earnings report was released. Microsoft's stock price rose 5.5% after it released better-than-expected quarterly revenue guidance.<a href=\"https://laohu8.com/S/AAPL\">Apple</a>(Apple),<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>(Amazon), Netflix and<a href=\"https://laohu8.com/S/NVDA\">NVIDIA</a>(Nvidia) stock prices rose across the board.<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Shares rose 4.2% as the electric vehicle company is scheduled to release its earnings report after the market closes.</p><p>Boeing's fourth-quarter results fell 2% short of expectations, with pre-tax spending on the 787 Dreamliner program reaching $3.5 billion. Moderna rose 4.3% in early trading, rebounding after eight consecutive days of declines.</p><p></body></html></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Nasdaq rose more than 2%! Markets hold their breath as they await Federal Reserve Chairman Powell's press conference.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Nasdaq rose more than 2%! Markets hold their breath as they await Federal Reserve Chairman Powell's press conference.\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/99\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/c71e30d1317b4a5cb20a41998e10ac68);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Wind万得 </p>\n<p class=\"h-time smaller\">2022-01-26 23:17</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>U.S. stocks opened higher on Wednesday as investors awaited the outcome of the Federal Reserve meeting, following another frenzied trading day. The Federal Reserve's meeting is expected to set the tone for 2022.</p><p>The Dow Jones Industrial Average rose about 308 points, or 0.9%. The S&P 500 rose 1.5%. The Nasdaq Composite Index rose 2.5%.</p><p>Luca Paolini, chief strategist at Pictet Asset Management, said: “Today’s focus will be on the Federal Reserve, and the tone of the press conference is key. One might think that the Fed might soften its rhetoric given market volatility and geopolitical tensions.”</p><p>The VIX index, which measures expected volatility, fell 2.8 points to 28.4, and is sometimes called a panic indicator on Wall Street. The index rose this week as the stock market fell.</p><p>The Federal Reserve will conclude its two-day policy meeting on Wednesday and release a statement in the afternoon local time. The Federal Reserve is not expected to make any policy adjustments, but investors will be looking for clues about when and to what extent the Fed will rate hike later this year. Market participants will also be looking for hints that the Federal Reserve will take further steps to unwind aid during the pandemic.</p><p>In March 2020, when the pandemic broke out globally, the Federal Reserve lowered interest rates to near zero. In September 2020, Federal Reserve officials said they would keep interest rates unchanged until inflation expectations moderated above 2% and the labor market returned to levels consistent with full employment.</p><p>The Federal Reserve could use its post-meeting statement on Wednesday to announce that it has essentially achieved both goals. According to the Federal Reserve's preferred indicators, excluding the volatile food and energy categories, inflation surged to 4.7% in November last year compared to the same period last year, easily exceeding the first target. Most Federal Reserve officials said that the unemployment rate fell sharply in the second half of last year (to 3.9% in December), coupled with strong wage growth, almost achieved the second target.</p><p>Such an acknowledgment would enable the Federal Reserve to send its clearest signal yet, indicating that it is prepared to rate hike by 25 basis points at its meeting on March 15-16.</p><p>Powell may come under pressure on the inflation outlook, which could affect the number of Federal Reserve rate hike. He presented his latest ideas when he testified before Congress in January. He said that high inflation is due to an imbalance between supply and demand.</p><p>Market strategists believe that recent market volatility is unlikely to prevent the Federal Reserve from rate hike at most four times this year. On Tuesday, the Dow Jones Industrial Average closed down 66 points, or 0.2%. A day earlier, the Dow Jones Industrial Average rebounded from a 1,115-point drop and rose slightly.</p><p>The S&P 500 and Nasdaq Composite also closed well below their intraday lows on Tuesday, but still fell 1.2% and 2.3%, respectively.</p><p><a href=\"https://laohu8.com/S/BLK\">BlackRock</a>\"We are in a tight environment,\" said Rick Rieder of BlackRock. \"Interest rates will trend upward, and volatility will be higher.\"</p><p>U.S. Treasury Bond yields surged at the beginning of the year on expectations that the Federal Reserve would tighten monetary policy. On Wednesday, the benchmark 10-year Treasury Bond yield was around 1.78%.</p><p>Regarding individual stocks,<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>Technology stocks rebounded in early trading after the earnings report was released. Microsoft's stock price rose 5.5% after it released better-than-expected quarterly revenue guidance.<a href=\"https://laohu8.com/S/AAPL\">Apple</a>(Apple),<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>(Amazon), Netflix and<a href=\"https://laohu8.com/S/NVDA\">NVIDIA</a>(Nvidia) stock prices rose across the board.<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Shares rose 4.2% as the electric vehicle company is scheduled to release its earnings report after the market closes.</p><p>Boeing's fourth-quarter results fell 2% short of expectations, with pre-tax spending on the 787 Dreamliner program reaching $3.5 billion. Moderna rose 4.3% in early trading, rebounding after eight consecutive days of declines.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/55eb327f580527889cf30bafa92692ae","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147036450","content_text":"周三，投资者等待美联储（Federal Reserve）会议结果，美国股市开盘上涨，此前市场又经历一个疯狂的交易日。美联储本次会议预计将为2022年定下基调。道琼斯工业指数上涨约308点，涨幅0.9%。标准普尔500指数上涨1.5%。纳斯达克综合指数上涨2.5%。Pictet Asset Management首席策略师卢卡•保里尼（Luca Paolini）表示：“今天的焦点将是美联储，而新闻发布会的基调是重点。人们可能会认为，鉴于市场动荡和地缘政治紧张局势，美联储可能会缓和措辞。”衡量预期波动率的VIX指数下降2.8点，至28.4点，该指数有时被称为华尔街的恐慌指标。本周随着股市下跌，该指数上升。美联储将在周三结束为期两天的政策会议，并在当地时间下午发表声明。美联储预计不会做出任何政策调整，但投资者将寻找今年晚些时候美联储将在何时以及在多大程度上加息线索。市场参与者还将寻找美联储将采取进一步措施解除疫情时期援助的暗示。2020年3月，当疫情在全球爆发时，美联储将利率降至接近零的水平。2020年9月，美联储官员表示，他们将维持利率不变，直到通胀预期温和超过2%，直到劳动力市场回到与充分就业一致的水平。美联储可以利用周三会后声明宣布，它基本上实现这两个目标。按照美联储偏爱的指标，剔除波动较大的食品和能源类别，去年11月通胀率较上年同期飙升至4.7%，轻松超过第一个目标。大多数美联储官员表示，去年下半年失业率大幅下降（12月降至3.9%），再加上工资的强劲增长，几乎实现第二个目标。这样的承认将使美联储能够发出迄今最明确的信号，表明它准备在3月15日至16日的会议上加息25个基点。鲍威尔可能会在通胀前景问题上受到压力，这可能会影响美联储加息次数。他1月在国会作证时提出自己最新想法。他说，通货膨胀居高不下是因为供需失衡。市场策略师认为，近期市场波动不太可能阻止美联储今年加息至多四次。周二，道琼斯工业平均指数收盘下跌66点，跌幅0.2%。一天前，道琼斯工业指数从1115点下跌中反弹，小幅上涨。标准普尔500指数(S&P 500)和纳斯达克综合指数(Nasdaq Composite)周二收盘时也远低于盘中低点，但仍分别下跌1.2%和2.3%。贝莱德(BlackRock)的瑞德(Rick Rieder)表示:“我们正处于一个紧缩环境中。”“利率将呈上升趋势，波动性将会更高。”由于预期美联储将收紧货币政策，美国国债收益率在年初大幅飙升。周三基准的10年期国债收益率在1.78%左右。个股方面，微软发布财报后，科技股在早盘交易中反弹。微软发布好于预期的季度营收指引后，股价上涨5.5%。苹果(Apple)、亚马逊(Amazon)、Netflix和英伟达(Nvidia)股价纷纷走高。特斯拉股价上涨4.2%，这家电动汽车公司定于收盘后公布财报。波音公司去年四季度业绩不及预期，跌2%，787梦想飞机(787 Dreamliner)项目税前支出为35亿美元。Moderna在早盘交易中上涨4.3%，在连续8天下跌后出现反弹。","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":4958,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9005958125,"gmtCreate":1642153982464,"gmtModify":1676533687205,"author":{"id":"3570833668911971","authorId":"3570833668911971","name":"Li Guixi","avatar":"https://static.tigerbbs.com/d47f140f55f4badb19ca06d16064de5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570833668911971","idStr":"3570833668911971"},"themes":[],"title":"","htmlText":"👌","listText":"👌","text":"👌","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9005958125","repostId":"1106363843","repostType":4,"repost":{"id":"1106363843","kind":"news","pubTimestamp":1642153329,"share":"https://ttm.financial/m/news/1106363843?lang=en_US&edition=fundamental","pubTime":"2022-01-14 17:42","market":"sh","language":"zh","title":"Are capitalists tired of hearing the \"metaverse\" story of Chinese Online?","url":"https://stock-news.laohu8.com/highlight/detail?id=1106363843","media":"锌刻度","summary":"“元宇宙”罩不住中文在线了？被誉为“元宇宙”龙头之一的中文在线，这下尴尬了。2022年1月11日，中国移动通信联合会元宇宙产业委员会揭牌，接纳涉足“元宇宙”的8家上市公司，包括中青宝、天下秀、风语筑等","content":"<p><html><head></head><body><b>\"metaverse\" can't cover it.<a href=\"https://laohu8.com/S/300364\">Chinese Online</a>Yes?</b>ChineseOnline, hailed as one of the leading companies in \"metaverse,\" is now in an awkward position.</p><p>January 11, 2022,<a href=\"https://laohu8.com/S/CHL\">China Mobile</a>The metaverse Industry Committee of the China Communications Federation was inaugurated, accepting eight listed companies involved in \"metaverse,\" including...<a href=\"https://laohu8.com/S/300052\">Zhongqingbao</a>、<a href=\"https://laohu8.com/S/600556\">World Show</a>、<a href=\"https://laohu8.com/S/603466\">Wind Whispers</a>While waiting for the leading company in the A-share \"metaverse\" concept, Chinese Online was nowhere to be seen.</p><p>Even more subtly, ChineseOnline's performance, despite a significant profit forecast, continued to plummet.</p><p>Recently, ChineseAll released its 2021 annual performance forecast, expecting a profit of 90 million to 110 million yuan for the whole of 2021, an increase of 84% to 125% compared with 48.9231 million yuan in the previous fiscal year. The company's \"Literature+\" business revenue increased, resulting in a significant increase in net profit compared with the same period of the previous year.</p><p>Unexpectedly, the stock price fell for four consecutive days after the forecast was released, with the first trading day plummeting by 7.42%, the second trading day plummeting by 8.33%, and the third trading day plummeting by 8.11% shortly after the market opened.</p><p>What is the logic behind ChineseAll releasing positive earnings early on, but instead of rising, it fell? How effective is it to get involved in \"metaverse\"? With the online literature market fiercely competitive, what are the chances of Chinese Online winning?</p><p><b>Riding the wave of \"metaverse\" has a hidden meaning behind it.</b></p><p>Generally speaking, the earlier the annual earnings forecast and the greater the increase in net profit, the easier it is to attract the attention of funds, and many stocks with significant profit forecasts have performed quite strongly.</p><p>As a result, ChineseOnline's performance has become particularly striking.</p><p>\"Previously, ChineseAll was busy riding the wave of the 'metaverse' trend, and its stock price rose too quickly, which may be related to the fact that its expected profits fell instead of rising,\" said a private equity professional.</p><p>The private equity professional further stated,<b>When it comes to ways to ride the wave of \"metaverse,\" Chinese Online claims second place, but no one dares to claim first place.</b>。</p><p>For a considerable period of time, ChineseAll's stock price hovered between 5 and 7 yuan until the actual controller made a significant move, which caused the stock price to fluctuate.</p><p>According to data from Aiqicha, Tong Zhilei, chairman of ChineseAll, is the largest shareholder and actual controller of ChineseAll, holding 13.71% of the shares.</p><p><img src=\"https://static.tigerbbs.com/a8e2f16a00cdbfceee965b0b7a7c0a7e\" tg-width=\"733\" tg-height=\"474\" referrerpolicy=\"no-referrer\"/></p><p>Image source: Aiqicha</p><p>On October 14, 2021, Tong Zhilei announced his intention to transfer no more than 3% of the company's total share capital to Guangzhou Xuanyuan Investment Management Co., Ltd.—Xuanyuan Yuanding No. 6 Private Equity Investment Fund through block trading. Tong Zhilei was the sole holder of Xuanyuan Yuanding No. 6 Private Equity Investment Fund.</p><p>It's important to note that this isn't a simple left-handed transfer; there's a hidden meaning behind it.</p><p>According to the relevant regulations of the China Securities Regulatory Commission, shareholders holding more than 5% of the shares must announce the reduction of their holdings in advance, while those holding less than 5% of the shares do not need to comply with the above regulations. This means that the reduction of holdings is more covert.</p><p>Following this \"coincidence,\" Chinese Online has been frequently moving closer to \"metaverse.\"</p><p>For example, on October 19, the company responded to investors: \"We can continue to provide metaverse with a massive amount of IP and enrich the construction of the virtual world. The company is actively researching related directions.\"</p><p>For example, on November 9th, the company responded to investors: \"The company is optimistic about the future development of metaverse. metaverse is the company's long-term development strategy. The company has established a team and invested relevant resources. Currently, it has applied for trademarks such as Chinese metaverse, 17 metaverse, IP metaverse, and April Tianyuan Universe.\" Even more impressively, it launched the \"Chinese metaverse Global Essay Contest,\" with a top prize of 1 million yuan, pioneering the online literature industry's foray into metaverse.</p><p>Against this backdrop, enthusiastic funds poured into ChineseAll.</p><p>ChineseAll's stock price also rose like a \"rocket,\" from 5.59 yuan on October 14, 2021, to 19.88 yuan on December 13, 2021, an increase of 225.64%, making it the leading stock in the metaverse concept, alongside Zhongqingbao.</p><p>After the stock price rose, a reduction in holdings followed.</p><p>The eighth largest shareholder, Qidi Huachuang, announced a complete reduction of 7,761,368 shares, while Qidi Incubator announced a complete reduction of 3,776,625 shares, both of which withdrew from the list of shareholders of Chinese Online.</p><p>Therefore,<b>It's hard to say for sure how much spark ChineseOnline and \"metaverse\" can create, but it's obvious that the relevant shareholders have made a fortune from it.</b></p><p><b>Performance has rebounded, but it has absolutely nothing to do with metaverse.</b></p><p>In short, the bubble coupled with shareholder reductions became the key to the sharp drop in Chinese Online's stock price, and even with the significant profit forecast, it was not enough.</p><p>In addition,<b>The profitability of ChineseAll is also questionable.</b></p><p>ChineseAll also forecasted: \"During the (2021) reporting period, non-recurring gains and losses are expected to have an impact of approximately RMB 84 million on the current net profit.\"</p><p>Non-recurring gains and losses, namely non-core business income, such as gains from the sale of equity or gains from financial investments, are characterized by uncertainty, high volatility, and non-sustainability.</p><p>In other words, ChineseAll's net profit excluding non-recurring items (main business) in 2021 was only 6 million to 26 million yuan.</p><p>According to financial reports, ChineseAll's net profit excluding non-recurring items was RMB 45.63 million, RMB -1.966 billion, RMB -645 million, RMB -46.4075 million, and RMB 12.84 million in the first three quarters of 2017, respectively. This means that ChineseAll's profitability has not yet recovered to the level of 2017.</p><p><img src=\"https://static.tigerbbs.com/d215fbe6a66d6394a84a4e211ed63cb6\" tg-width=\"704\" tg-height=\"465\" referrerpolicy=\"no-referrer\"/></p><p>Profitability has not yet fully recovered.</p><p><b>This is largely due to its failure to cross over into other industries.</b></p><p>According to publicly available information, ChineseAll owns original online literature platforms such as 17K Novel Network, April Sky Novel Network, and Tangyuan Creation, acting as a digital content provider.</p><p>This industry was not profitable, and its profitability did not change much from 2011 to 2016. Therefore, in 2017, it spent 1.472 billion yuan at a premium of 5.26 times to acquire Chenzhike, entering the gaming field in search of a second curve.</p><p>To everyone's surprise, Chenzhike, which focuses on anime and manga games, was not a good match.</p><p>From 2018 to 2020, Chenzhike's net profit was -89.0393 million yuan, -279 million yuan, and -13.1342 million yuan, respectively. Instead of becoming a new growth engine, it became a burden on ChineseAll, forcing it to undergo huge goodwill impairment, thereby affecting its profitability.</p><p><b>So, will venturing into \"metaverse\" now repeat the same mistakes?</b></p><p>An industry insider told Zinc Scale: \"ChineseOnline's actual business scope remains unchanged, and the sources of its operating revenue and net profit remain unchanged. Being associated with 'metaverse' is nothing more than new wine in an old bottle, which has long been questioned by the Shenzhen Stock Exchange.\"</p><p>The industry insider further stated that ChineseAll's approach to entering the \"metaverse\" market has no advantages: online essay contests have no technical barriers and are extremely easy to imitate, and the manuscripts in the essay contest do not require exclusivity. It is still early days to adapt online novels into \"metaverse\" stories and film and television works, since the prototype of \"metaverse\" has not yet been determined, and the industry is currently mainly focused on the technical aspects.</p><p>\"There is uncertainty as to whether the application terminals involved in the metaverse are widespread, whether they can truly establish a connection between the virtual and the real world, and whether there are real implementation scenarios.\" ChineseAll also admitted that there have been no major changes in the fundamentals. \"The company has already made a layout for metaverse, but it is still in the exploratory and trial stage. There is considerable uncertainty about the future implementation progress of the project and whether it can achieve the results expected by the company, and it will not have a significant impact on the company's short-term operating performance.\"</p><p>In other words,<b>The story of \"metaverse\" on Chinese Online is not as appealing as it sounds.</b></p><p><b>Fighting on two fronts, how can Chinese Online break through?</b></p><p>Leaving aside \"metaverse,\" the competitive landscape for ChineseAll is not optimistic.</p><p>On the one hand,<b>The rise of free online literature has broken the pattern dominated by paid reading, and the competition for free paid reading has become fierce.</b></p><p>Since the second half of 2018, mobile reading apps such as Qimao Novels, Tomato Novels, Shuqi Novels, and Fit Novels, which claim to offer free reading, have intervened. With a large amount of free content and cash reading incentives, they have \"paved the way with money\" to reshape the market that was once dominated by piracy, turning the background of free novels from gray to white.</p><p>According to QuestMobile's 2020<a href=\"https://laohu8.com/S/600941\">China Mobile</a>According to the \"Internet Annual Report Part 2\", in December 2020, the number of users of free reading apps reached 144 million, an increase of 22% compared with 118 million in the same period of the previous year. The situation is exactly the opposite for paid online literature apps, with monthly active users in the industry declining from 254 million in December 2019 to 219 million, a drop of 13.7%. As a member of the paid camp, ChineseOnline has naturally also been impacted.</p><p>Fortunately, ChineseAll and Qimao Novels have partnered on digital content licensing, which has indirectly benefited from the growth of free novels to some extent.</p><p>On the other hand,<b>Compared to its target<a href=\"https://laohu8.com/S/603533\">iReader Technology</a>Not to be underestimated, the two sides are engaged in a fierce battle.</b></p><p>According to iReader Technology's financial report, its operating revenue for the first three quarters of 2021 was 1.597 billion yuan, a year-on-year increase of 6.81%; Net profit was 149 million yuan, a year-on-year decrease of 10.46%; Net profit excluding non-recurring items was 147 million yuan, a year-on-year decrease of 9.77%.</p><p>This means that iReader Technology's operating revenue, net profit, and net profit excluding non-recurring items are all significantly higher than ChineseAll, although the latter has a greater advantage when going global.</p><p>ChineseAll has a relatively rich overseas product line, with multiple platforms such as Chapters, Screen, Spotlight, and Kiss. In the first half of 2021, its operating revenue was 334 million yuan, while iReader Technology mainly relies on the overseas version of iReader, with operating revenue of 148 million yuan in the first half of 2021.</p><p><img src=\"https://static.tigerbbs.com/09710d821259c30452d6462bbbd00032\" tg-width=\"675\" tg-height=\"485\" referrerpolicy=\"no-referrer\"/></p><p>Chinese online popularity chart</p><p>It's important to note that both sides are backed by numerous industry giants.</p><p><a href=\"https://laohu8.com/S/BIDU\">Baidu</a>、<a href=\"https://laohu8.com/S/00700\">Tencent</a>with<a href=\"https://laohu8.com/S/00772\">China Literature Group</a>As shareholders of ChineseAll, ByteDance and Bilibili have invested in iReader Technology. With the support of these giants, this competition is unlikely to be over in the short term.</p><p>In conclusion,<b>As competition in the online literature field intensifies, ChineseAll is focusing its energy on \"metaverse.\" Whether this is correct or not remains to be seen. The only certainty is that without performance support, even the best concept is a tree without roots.</b></p><p>After all, it's fleeting and can't last.</p><p></body></html></p>","source":"lsy1568158634801","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Are capitalists tired of hearing the \"metaverse\" story of Chinese Online?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAre capitalists tired of hearing the \"metaverse\" story of Chinese Online?\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">锌刻度</strong><span class=\"h-time small\">2022-01-14 17:42</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body><b>\"metaverse\" can't cover it.<a href=\"https://laohu8.com/S/300364\">Chinese Online</a>Yes?</b>ChineseOnline, hailed as one of the leading companies in \"metaverse,\" is now in an awkward position.</p><p>January 11, 2022,<a href=\"https://laohu8.com/S/CHL\">China Mobile</a>The metaverse Industry Committee of the China Communications Federation was inaugurated, accepting eight listed companies involved in \"metaverse,\" including...<a href=\"https://laohu8.com/S/300052\">Zhongqingbao</a>、<a href=\"https://laohu8.com/S/600556\">World Show</a>、<a href=\"https://laohu8.com/S/603466\">Wind Whispers</a>While waiting for the leading company in the A-share \"metaverse\" concept, Chinese Online was nowhere to be seen.</p><p>Even more subtly, ChineseOnline's performance, despite a significant profit forecast, continued to plummet.</p><p>Recently, ChineseAll released its 2021 annual performance forecast, expecting a profit of 90 million to 110 million yuan for the whole of 2021, an increase of 84% to 125% compared with 48.9231 million yuan in the previous fiscal year. The company's \"Literature+\" business revenue increased, resulting in a significant increase in net profit compared with the same period of the previous year.</p><p>Unexpectedly, the stock price fell for four consecutive days after the forecast was released, with the first trading day plummeting by 7.42%, the second trading day plummeting by 8.33%, and the third trading day plummeting by 8.11% shortly after the market opened.</p><p>What is the logic behind ChineseAll releasing positive earnings early on, but instead of rising, it fell? How effective is it to get involved in \"metaverse\"? With the online literature market fiercely competitive, what are the chances of Chinese Online winning?</p><p><b>Riding the wave of \"metaverse\" has a hidden meaning behind it.</b></p><p>Generally speaking, the earlier the annual earnings forecast and the greater the increase in net profit, the easier it is to attract the attention of funds, and many stocks with significant profit forecasts have performed quite strongly.</p><p>As a result, ChineseOnline's performance has become particularly striking.</p><p>\"Previously, ChineseAll was busy riding the wave of the 'metaverse' trend, and its stock price rose too quickly, which may be related to the fact that its expected profits fell instead of rising,\" said a private equity professional.</p><p>The private equity professional further stated,<b>When it comes to ways to ride the wave of \"metaverse,\" Chinese Online claims second place, but no one dares to claim first place.</b>。</p><p>For a considerable period of time, ChineseAll's stock price hovered between 5 and 7 yuan until the actual controller made a significant move, which caused the stock price to fluctuate.</p><p>According to data from Aiqicha, Tong Zhilei, chairman of ChineseAll, is the largest shareholder and actual controller of ChineseAll, holding 13.71% of the shares.</p><p><img src=\"https://static.tigerbbs.com/a8e2f16a00cdbfceee965b0b7a7c0a7e\" tg-width=\"733\" tg-height=\"474\" referrerpolicy=\"no-referrer\"/></p><p>Image source: Aiqicha</p><p>On October 14, 2021, Tong Zhilei announced his intention to transfer no more than 3% of the company's total share capital to Guangzhou Xuanyuan Investment Management Co., Ltd.—Xuanyuan Yuanding No. 6 Private Equity Investment Fund through block trading. Tong Zhilei was the sole holder of Xuanyuan Yuanding No. 6 Private Equity Investment Fund.</p><p>It's important to note that this isn't a simple left-handed transfer; there's a hidden meaning behind it.</p><p>According to the relevant regulations of the China Securities Regulatory Commission, shareholders holding more than 5% of the shares must announce the reduction of their holdings in advance, while those holding less than 5% of the shares do not need to comply with the above regulations. This means that the reduction of holdings is more covert.</p><p>Following this \"coincidence,\" Chinese Online has been frequently moving closer to \"metaverse.\"</p><p>For example, on October 19, the company responded to investors: \"We can continue to provide metaverse with a massive amount of IP and enrich the construction of the virtual world. The company is actively researching related directions.\"</p><p>For example, on November 9th, the company responded to investors: \"The company is optimistic about the future development of metaverse. metaverse is the company's long-term development strategy. The company has established a team and invested relevant resources. Currently, it has applied for trademarks such as Chinese metaverse, 17 metaverse, IP metaverse, and April Tianyuan Universe.\" Even more impressively, it launched the \"Chinese metaverse Global Essay Contest,\" with a top prize of 1 million yuan, pioneering the online literature industry's foray into metaverse.</p><p>Against this backdrop, enthusiastic funds poured into ChineseAll.</p><p>ChineseAll's stock price also rose like a \"rocket,\" from 5.59 yuan on October 14, 2021, to 19.88 yuan on December 13, 2021, an increase of 225.64%, making it the leading stock in the metaverse concept, alongside Zhongqingbao.</p><p>After the stock price rose, a reduction in holdings followed.</p><p>The eighth largest shareholder, Qidi Huachuang, announced a complete reduction of 7,761,368 shares, while Qidi Incubator announced a complete reduction of 3,776,625 shares, both of which withdrew from the list of shareholders of Chinese Online.</p><p>Therefore,<b>It's hard to say for sure how much spark ChineseOnline and \"metaverse\" can create, but it's obvious that the relevant shareholders have made a fortune from it.</b></p><p><b>Performance has rebounded, but it has absolutely nothing to do with metaverse.</b></p><p>In short, the bubble coupled with shareholder reductions became the key to the sharp drop in Chinese Online's stock price, and even with the significant profit forecast, it was not enough.</p><p>In addition,<b>The profitability of ChineseAll is also questionable.</b></p><p>ChineseAll also forecasted: \"During the (2021) reporting period, non-recurring gains and losses are expected to have an impact of approximately RMB 84 million on the current net profit.\"</p><p>Non-recurring gains and losses, namely non-core business income, such as gains from the sale of equity or gains from financial investments, are characterized by uncertainty, high volatility, and non-sustainability.</p><p>In other words, ChineseAll's net profit excluding non-recurring items (main business) in 2021 was only 6 million to 26 million yuan.</p><p>According to financial reports, ChineseAll's net profit excluding non-recurring items was RMB 45.63 million, RMB -1.966 billion, RMB -645 million, RMB -46.4075 million, and RMB 12.84 million in the first three quarters of 2017, respectively. This means that ChineseAll's profitability has not yet recovered to the level of 2017.</p><p><img src=\"https://static.tigerbbs.com/d215fbe6a66d6394a84a4e211ed63cb6\" tg-width=\"704\" tg-height=\"465\" referrerpolicy=\"no-referrer\"/></p><p>Profitability has not yet fully recovered.</p><p><b>This is largely due to its failure to cross over into other industries.</b></p><p>According to publicly available information, ChineseAll owns original online literature platforms such as 17K Novel Network, April Sky Novel Network, and Tangyuan Creation, acting as a digital content provider.</p><p>This industry was not profitable, and its profitability did not change much from 2011 to 2016. Therefore, in 2017, it spent 1.472 billion yuan at a premium of 5.26 times to acquire Chenzhike, entering the gaming field in search of a second curve.</p><p>To everyone's surprise, Chenzhike, which focuses on anime and manga games, was not a good match.</p><p>From 2018 to 2020, Chenzhike's net profit was -89.0393 million yuan, -279 million yuan, and -13.1342 million yuan, respectively. Instead of becoming a new growth engine, it became a burden on ChineseAll, forcing it to undergo huge goodwill impairment, thereby affecting its profitability.</p><p><b>So, will venturing into \"metaverse\" now repeat the same mistakes?</b></p><p>An industry insider told Zinc Scale: \"ChineseOnline's actual business scope remains unchanged, and the sources of its operating revenue and net profit remain unchanged. Being associated with 'metaverse' is nothing more than new wine in an old bottle, which has long been questioned by the Shenzhen Stock Exchange.\"</p><p>The industry insider further stated that ChineseAll's approach to entering the \"metaverse\" market has no advantages: online essay contests have no technical barriers and are extremely easy to imitate, and the manuscripts in the essay contest do not require exclusivity. It is still early days to adapt online novels into \"metaverse\" stories and film and television works, since the prototype of \"metaverse\" has not yet been determined, and the industry is currently mainly focused on the technical aspects.</p><p>\"There is uncertainty as to whether the application terminals involved in the metaverse are widespread, whether they can truly establish a connection between the virtual and the real world, and whether there are real implementation scenarios.\" ChineseAll also admitted that there have been no major changes in the fundamentals. \"The company has already made a layout for metaverse, but it is still in the exploratory and trial stage. There is considerable uncertainty about the future implementation progress of the project and whether it can achieve the results expected by the company, and it will not have a significant impact on the company's short-term operating performance.\"</p><p>In other words,<b>The story of \"metaverse\" on Chinese Online is not as appealing as it sounds.</b></p><p><b>Fighting on two fronts, how can Chinese Online break through?</b></p><p>Leaving aside \"metaverse,\" the competitive landscape for ChineseAll is not optimistic.</p><p>On the one hand,<b>The rise of free online literature has broken the pattern dominated by paid reading, and the competition for free paid reading has become fierce.</b></p><p>Since the second half of 2018, mobile reading apps such as Qimao Novels, Tomato Novels, Shuqi Novels, and Fit Novels, which claim to offer free reading, have intervened. With a large amount of free content and cash reading incentives, they have \"paved the way with money\" to reshape the market that was once dominated by piracy, turning the background of free novels from gray to white.</p><p>According to QuestMobile's 2020<a href=\"https://laohu8.com/S/600941\">China Mobile</a>According to the \"Internet Annual Report Part 2\", in December 2020, the number of users of free reading apps reached 144 million, an increase of 22% compared with 118 million in the same period of the previous year. The situation is exactly the opposite for paid online literature apps, with monthly active users in the industry declining from 254 million in December 2019 to 219 million, a drop of 13.7%. As a member of the paid camp, ChineseOnline has naturally also been impacted.</p><p>Fortunately, ChineseAll and Qimao Novels have partnered on digital content licensing, which has indirectly benefited from the growth of free novels to some extent.</p><p>On the other hand,<b>Compared to its target<a href=\"https://laohu8.com/S/603533\">iReader Technology</a>Not to be underestimated, the two sides are engaged in a fierce battle.</b></p><p>According to iReader Technology's financial report, its operating revenue for the first three quarters of 2021 was 1.597 billion yuan, a year-on-year increase of 6.81%; Net profit was 149 million yuan, a year-on-year decrease of 10.46%; Net profit excluding non-recurring items was 147 million yuan, a year-on-year decrease of 9.77%.</p><p>This means that iReader Technology's operating revenue, net profit, and net profit excluding non-recurring items are all significantly higher than ChineseAll, although the latter has a greater advantage when going global.</p><p>ChineseAll has a relatively rich overseas product line, with multiple platforms such as Chapters, Screen, Spotlight, and Kiss. In the first half of 2021, its operating revenue was 334 million yuan, while iReader Technology mainly relies on the overseas version of iReader, with operating revenue of 148 million yuan in the first half of 2021.</p><p><img src=\"https://static.tigerbbs.com/09710d821259c30452d6462bbbd00032\" tg-width=\"675\" tg-height=\"485\" referrerpolicy=\"no-referrer\"/></p><p>Chinese online popularity chart</p><p>It's important to note that both sides are backed by numerous industry giants.</p><p><a href=\"https://laohu8.com/S/BIDU\">Baidu</a>、<a href=\"https://laohu8.com/S/00700\">Tencent</a>with<a href=\"https://laohu8.com/S/00772\">China Literature Group</a>As shareholders of ChineseAll, ByteDance and Bilibili have invested in iReader Technology. With the support of these giants, this competition is unlikely to be over in the short term.</p><p>In conclusion,<b>As competition in the online literature field intensifies, ChineseAll is focusing its energy on \"metaverse.\" Whether this is correct or not remains to be seen. The only certainty is that without performance support, even the best concept is a tree without roots.</b></p><p>After all, it's fleeting and can't last.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/bpAZS7d6aIk7IkESp6AL5w\">锌刻度</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/4d12ba6d4abafb70216f4d41c63dd343","relate_stocks":{"300364":"中文在线"},"source_url":"https://mp.weixin.qq.com/s/bpAZS7d6aIk7IkESp6AL5w","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106363843","content_text":"“元宇宙”罩不住中文在线了？被誉为“元宇宙”龙头之一的中文在线，这下尴尬了。2022年1月11日，中国移动通信联合会元宇宙产业委员会揭牌，接纳涉足“元宇宙”的8家上市公司，包括中青宝、天下秀、风语筑等A股“元宇宙”概念龙头，却不见中文在线的身影。更为微妙的是，中文在线的业绩大幅预盈，却持续暴跌。日前，中文在线发布2021年度业绩预告，预计2021年全年盈利9000万元~11000万元，比上一个财年的4892.31万元增长84%~125%，公司“文学+”业务收入增长，致净利润较上年同期有大幅增长。万万没想到，预告发布之后股价连跌四天，其中第一个交易日暴跌7.42%，第二个交易日暴跌8.33%，第三个交易日开盘不久就暴跌8.11%。中文在线早早发布业绩利好，不涨反跌的背后是何逻辑？涉足“元宇宙”，到底成色几何？网文市场竞争白热化，中文在线又有几分胜算？蹭“元宇宙”热度，背后大有玄机一般而言，年度业绩预告时间越靠前、净利润增幅越大，就越容易获得资金的关注，多只大幅预盈的股票表现的相当坚挺。如此一来，中文在线的走势格外扎眼。“之前，中文在线忙于蹭‘元宇宙’热度，股价过快上涨，预盈不涨反跌或与此有关。”一名私募人士如是说。该私募人士进一步表示，论蹭“元宇宙”的手段，中文在线称第二，无人敢认第一。相当长一段时间，中文在线的股价在5元~7元徘徊，直到实际控制人有了意味深长的动作，股价才起了波澜。据爱企查数据显示，中文在线董事长童之磊为中文在线的第一大股东及实际控制人，持股比例为13.71%。图源：爱企查2021年10月14日，童之磊宣布拟以大宗交易的方式转让不超过公司总股本3%的股份给广州市玄元投资管理有限公司—玄元元定6号私募证券投资基金，而玄元元定6号私募证券投资基金的唯一持有人正是童之磊。需要注意的是，这不是简单的左手倒右手，其中大有玄机。按照证监会的相关规定，持股5%以上股东减持必须提前公告，而持股比例低于5%则不用遵守上述规定，这意味着如若减持更为隐蔽。“巧合”之后，中文在线频频向“元宇宙”靠拢。譬如，10月19日答复投资者：“可为元宇宙持续提供海量的IP，丰富构建虚拟世界，公司在积极研究相关方向”。再譬如，11月9日答复投资者：“公司看好元宇宙未来的发展，元宇宙是公司长期发展战略，公司已成立团队并投入相关资源，目前已申请如中文元宇宙、17元宇宙、IP元宇宙、四月天元宇宙等商标。”更绝的是，发起“中文元宇宙全球征文大赛”，最高奖高达100万元，开了网文行业涉足元宇宙的先河。此背景下，狂热的资金纷纷涌入中文在线。而中文在线的股价也犹如坐上了“火箭”，从2021年10月14日的5.59元一路上扬至12月13日的19.88元，涨幅高达225.64%，与中青宝并肩成为元宇宙概念的龙头。股价抬高之后，减持随即而来。第八大股东启迪华创宣布清仓减持7761368股，启迪孵化器宣布清仓减持3776625股，双双退出中文在线股东序列。由此可见，中文在线与“元宇宙”可以擦出多大的火花，现在不好下定论，但相关股东借此赚得盆满钵满却是一看便知。业绩回暖，但跟元宇宙没有一毛钱关系一言以蔽之，泡沫化叠加股东减持，成为中文在线股价狂泄的关键所在，哪怕业绩大幅预盈也不济于是。另外，中文在线的预盈成色也值得商榷。中文在线也预告：“（2021年）报告期内，预计非经常性损益对当期净利润的影响金额约为8400万元。”所谓非经常性损益，即非主业收入，譬如出售股权带来的收益、金融投资带来的收益等，具有不确定性、高波动性、非持续性等特点。换而言之，中文在线2021年扣非净利润（主业）只有600万元~2600万元。据财报数据显示，2017年~2021年前三季度，中文在线扣非净利润分别为4563万元、-19.66亿元、-6.45亿元、-4640.75万元、1284万元，也就是说中文在线的盈利能力还没有恢复到2017年的水准。盈利能力还没完全恢复之所以如此，与其跨界失败有莫大的关系。据公开资料显示，中文在线旗下拥有17K小说网、四月天小说网、汤圆创作等网络文学原创平台，扮演的是数字内容提供商的角色。这一行赚钱不宜，2011年~2016年盈利能力变化不大，遂于2017年耗资14.72亿元、溢价5.26倍收购晨之科，切入游戏领域以寻求第二曲线。万万没想到的是，这家主打二次元游戏的晨之科并非良配。2018年~2020年，晨之科的净利润分别为-8903.93万元、-2.79亿元、-1313.42万元，非常没有成为新的增长极，反而成为中文在线的累赘，导致其不得不进行巨额商誉减值，从而影响了盈利能力。那么，当下涉足“元宇宙”会重蹈覆辙吗？一名业内人士告诉锌刻度：“中文在线的实际业务范畴未变，营业收入与净利润的来源未变，与‘元宇宙’扯上关系不过是旧瓶装新酒，早就引起深交所的质疑。”该业内人士进一步表示，中文在线挺进“元宇宙”的打法并无优势：网络征文并无技术壁垒，极易被模仿，且征文活动的稿件并未要求排他性；网文改编为“元宇宙”故事及影视作品尚早，毕竟“元宇宙”的雏形都还没有定下来，目前行业主要聚焦技术层面。“元宇宙所涉及的应用终端是否普及，能否真正建立虚拟和现实的联系，以及是否有真实的落地场景，存在不确定性。”中文在线也坦承基本面未发生重大变化，“公司已经进行元宇宙的布局，但仍处于探索尝试阶段，项目未来的实施进度以及能否达到公司预计的效果，存在较大的不确定性，且对公司短期经营业绩不构成重大影响。”换而言之，中文在线的“元宇宙”故事，没有其说那么动听。两线作战，中文在线如何突围？抛开“元宇宙”不谈，中文在线的竞争势态并不乐观。一方面，免费网文兴起，打破付费阅读为主导的格局，免费付费之争白热化。自2018年下半年，七猫小说、番茄小说、书旗小说、飞度小说等喊着免费阅读口号的移动阅读APP横插一脚，凭借大量免费内容，并辅以现金阅读激励，“用钱开路”重塑昔日盗文主导市场，将免费小说的底色由灰转白。据QuestMobile发布的《2020中国移动互联网年度大报告·下》显示，2020年12月，免费阅读APP行业用户规模1.44亿，较上年同期的1.18亿，增长了22%。付费网文APP的状况正好相反，行业月活跃用户从2019年12月的2.54亿，下滑到2.19亿，降幅13.7%。作为付费阵营一员的中文在线，自然也受到冲击。所幸，中文在线与七猫小说在数字内容授权展开了合作，也在一定程度上间接享受到免费小说的成长红利。另外一方面，与其对标的掌阅科技不容小觑，双方呈现缠斗之势。据掌阅科技财报显示，2021年前三季度营业收入为15.97亿元，同比增长6.81%；净利润为1.49亿元，同比下滑10.46%；扣非净利润为1.47亿元，同比下滑9.77%。这意味着，掌阅科技的营业收入、净利润与扣非净利润这三大指标均高了中文在线一大截，不过后者出海上更为占优。中文在线的出海产品线较为丰富，拥有Chapters、Screen、Spotlight、Kiss等多个平台，2021年上半年营业收入为3.34亿元，而掌阅科技主要依赖iReader海外版，2021年上半年营业收入为1.48亿元。中文在线的人气图需要注意的是，对垒的双方背后都不乏巨头站台。百度、腾讯与阅文集团为中文在线的股东，而字节跳动、B站入股了掌阅科技，巨头们加持之下，这场竞赛短时间内难入终局。总而言之，在网文领域竞争愈发激烈之际，中文在线将精力倾注于“元宇宙”，是否正确尚无法给出结论，唯一确定的是如若没有业绩支撑，再好的概念也是无根之木。毕竟，昙花一现，不能持久。","news_type":1,"symbols_score_info":{"300364":0.9}},"isVote":1,"tweetType":1,"viewCount":4875,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834843279,"gmtCreate":1629792852891,"gmtModify":1676530132663,"author":{"id":"3570833668911971","authorId":"3570833668911971","name":"Li 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Good&nbsp;","listText":"Share . Good&nbsp;","text":"Share . Good","images":[{"img":"https://static.tigerbbs.com/bc2deea6357e77693dc9a5c32c59c76c","width":"750","height":"2169"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/802603231","isVote":1,"tweetType":1,"viewCount":5175,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":141269931,"gmtCreate":1625875602023,"gmtModify":1703750162117,"author":{"id":"3570833668911971","authorId":"3570833668911971","name":"Li Guixi","avatar":"https://static.tigerbbs.com/d47f140f55f4badb19ca06d16064de5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570833668911971","idStr":"3570833668911971"},"themes":[],"title":"","htmlText":"Keep waiting&nbsp;","listText":"Keep waiting&nbsp;","text":"Keep waiting","images":[{"img":"https://static.tigerbbs.com/0d736fe721274cf8b9d441acd37d6021","width":"750","height":"2369"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/141269931","isVote":1,"tweetType":1,"viewCount":4596,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":150270349,"gmtCreate":1624918569681,"gmtModify":1703847698136,"author":{"id":"3570833668911971","authorId":"3570833668911971","name":"Li Guixi","avatar":"https://static.tigerbbs.com/d47f140f55f4badb19ca06d16064de5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570833668911971","idStr":"3570833668911971"},"themes":[],"title":"","htmlText":"Waiting for FDA approval . Keep for long term&nbsp;","listText":"Waiting for FDA approval . Keep for long term&nbsp;","text":"Waiting for FDA approval . Keep for long term","images":[{"img":"https://static.tigerbbs.com/78c446a201e6d78a28b280215ea5c897","width":"750","height":"2369"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150270349","isVote":1,"tweetType":1,"viewCount":2329,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":120832511,"gmtCreate":1624318430433,"gmtModify":1703833156819,"author":{"id":"3570833668911971","authorId":"3570833668911971","name":"Li Guixi","avatar":"https://static.tigerbbs.com/d47f140f55f4badb19ca06d16064de5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570833668911971","idStr":"3570833668911971"},"themes":[],"title":"","htmlText":"Keep waiting for next level","listText":"Keep waiting for next level","text":"Keep waiting for next level","images":[{"img":"https://static.tigerbbs.com/36e3257e4b72e2152aa34dc0350fc4db","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120832511","isVote":1,"tweetType":1,"viewCount":1829,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":120897304,"gmtCreate":1624318210008,"gmtModify":1703833145647,"author":{"id":"3570833668911971","authorId":"3570833668911971","name":"Li Guixi","avatar":"https://static.tigerbbs.com/d47f140f55f4badb19ca06d16064de5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570833668911971","idStr":"3570833668911971"},"themes":[],"title":"","htmlText":"My stock list ,keep waiting&nbsp;","listText":"My stock list ,keep waiting&nbsp;","text":"My stock list ,keep waiting","images":[{"img":"https://static.tigerbbs.com/36cf5b383bae1d14c21e3db515eec3b4","width":"750","height":"2206"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120897304","isVote":1,"tweetType":1,"viewCount":1824,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":113983737,"gmtCreate":1622590833129,"gmtModify":1704186764546,"author":{"id":"3570833668911971","authorId":"3570833668911971","name":"Li Guixi","avatar":"https://static.tigerbbs.com/d47f140f55f4badb19ca06d16064de5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570833668911971","idStr":"3570833668911971"},"themes":[],"title":"","htmlText":"Good effortd","listText":"Good effortd","text":"Good effortd","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/113983737","repostId":"1177869040","repostType":4,"repost":{"id":"1177869040","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1622589525,"share":"https://ttm.financial/m/news/1177869040?lang=en_US&edition=fundamental","pubTime":"2021-06-02 07:18","market":"us","language":"zh","title":"Stocks favored by retail investors in the U.S. stock market rose in after-hours trading, with AMC Cinemas gaining nearly 20%.","url":"https://stock-news.laohu8.com/highlight/detail?id=1177869040","media":"老虎资讯综合","summary":"6月2日，延续周二涨幅，美股盘后散户抱团股齐涨，AMC院线涨近20%，黑莓涨超13%，Express、高斯电子涨超7%，游戏驿站涨近3%。","content":"<p>On June 2nd, continuing Tuesday's gains, stocks favored by retail investors in the US stock market rose in after-hours trading.<a href=\"https://laohu8.com/S/AMC\">AMC Cinemas</a>Up nearly 20%,<a href=\"https://laohu8.com/S/BBRY\">Blackberry</a>Up more than 13%,<a href=\"https://laohu8.com/S/EXPR\">Express</a>、<a href=\"https://laohu8.com/S/KOSS\">Gaussian electronics</a>It rose more than 7%.<a href=\"https://laohu8.com/S/GME\">Game Station</a>It rose nearly 3%.</p><p><img src=\"https://static.tigerbbs.com/f3882588fa436d60415607bf39129754\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/e6945c939fbed7ff5c035c6a27e41594\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/ef1ffc2039106ee436b0cd72c3a004e3\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/3fa64425cab22d894566d7ec47b1841e\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/71298917363cc46cf848d4dc87558022\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks favored by retail investors in the U.S. stock market rose in after-hours trading, with AMC Cinemas gaining nearly 20%.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks favored by retail investors in the U.S. stock market rose in after-hours trading, with AMC Cinemas gaining nearly 20%.\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-02 07:18</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On June 2nd, continuing Tuesday's gains, stocks favored by retail investors in the US stock market rose in after-hours trading.<a href=\"https://laohu8.com/S/AMC\">AMC Cinemas</a>Up nearly 20%,<a href=\"https://laohu8.com/S/BBRY\">Blackberry</a>Up more than 13%,<a href=\"https://laohu8.com/S/EXPR\">Express</a>、<a href=\"https://laohu8.com/S/KOSS\">Gaussian electronics</a>It rose more than 7%.<a href=\"https://laohu8.com/S/GME\">Game Station</a>It rose nearly 3%.</p><p><img src=\"https://static.tigerbbs.com/f3882588fa436d60415607bf39129754\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/e6945c939fbed7ff5c035c6a27e41594\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/ef1ffc2039106ee436b0cd72c3a004e3\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/3fa64425cab22d894566d7ec47b1841e\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/71298917363cc46cf848d4dc87558022\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/fd680cd945fd32917c8ece66ec685e5f","relate_stocks":{"GME":"游戏驿站","EXPR":"Express, Inc.","KOSS":"高斯电子","AMC":"AMC院线","BB":"黑莓"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177869040","content_text":"6月2日，延续周二涨幅，美股盘后散户抱团股齐涨，AMC院线涨近20%，黑莓涨超13%，Express、高斯电子涨超7%，游戏驿站涨近3%。","news_type":1,"symbols_score_info":{"EXPR":0.9,"AMC":0.9,"GME":0.9,"BB":0.9,"KOSS":0.9}},"isVote":1,"tweetType":1,"viewCount":2212,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137753401,"gmtCreate":1622409594103,"gmtModify":1704183800572,"author":{"id":"3570833668911971","authorId":"3570833668911971","name":"Li Guixi","avatar":"https://static.tigerbbs.com/d47f140f55f4badb19ca06d16064de5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570833668911971","idStr":"3570833668911971"},"themes":[],"title":"","htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/137753401","repostId":"1164691489","repostType":4,"isVote":1,"tweetType":1,"viewCount":1694,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139717268,"gmtCreate":1621657544754,"gmtModify":1704361159682,"author":{"id":"3570833668911971","authorId":"3570833668911971","name":"Li Guixi","avatar":"https://static.tigerbbs.com/d47f140f55f4badb19ca06d16064de5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570833668911971","idStr":"3570833668911971"},"themes":[],"title":"","htmlText":"?keeping waiting&nbsp;","listText":"?keeping waiting&nbsp;","text":"?keeping waiting","images":[{"img":"https://static.tigerbbs.com/99c1161f6fe8aa72882df82e54d83679","width":"750","height":"2307"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/139717268","isVote":1,"tweetType":1,"viewCount":2084,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":139292199,"gmtCreate":1621634424911,"gmtModify":1704360714191,"author":{"id":"3570833668911971","authorId":"3570833668911971","name":"Li Guixi","avatar":"https://static.tigerbbs.com/d47f140f55f4badb19ca06d16064de5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570833668911971","idStr":"3570833668911971"},"themes":[],"title":"","htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/139292199","repostId":"1134351485","repostType":4,"repost":{"id":"1134351485","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1621601136,"share":"https://ttm.financial/m/news/1134351485?lang=en_US&edition=fundamental","pubTime":"2021-05-21 20:45","market":"us","language":"zh","title":"Boeing rose in pre-market trading! Plans to increase monthly production capacity of 737 Max aircraft","url":"https://stock-news.laohu8.com/highlight/detail?id=1134351485","media":"老虎资讯综合","summary":"5月21日，市场消息：波音计划在今年底前增加737 Max客机月产能至26架，并在2022年3月达到月产31架的官方目标。波音高层讨论了在2022年底将737 Max客机月产能提升至42架的计划。波音","content":"<p>On May 21, market news:<a href=\"https://laohu8.com/S/BA\">boeing</a>The plan is to increase the monthly production capacity of 737 Max aircraft to 26 aircraft by the end of this year, and to reach the official target of 31 aircraft per month by March 2022. Boeing executives discussed plans to increase monthly production capacity of 737 Max aircraft to 42 by the end of 2022.</p><p>Boeing shares rose in pre-market trading, currently up more than 2%, amid reports that Boeing will increase production capacity of the 737 Max aircraft.</p><p><img src=\"https://static.tigerbbs.com/a331854df716bf0cf9e574c2616d11c3\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Boeing rose in pre-market trading! Plans to increase monthly production capacity of 737 Max aircraft</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBoeing rose in pre-market trading! Plans to increase monthly production capacity of 737 Max aircraft\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-05-21 20:45</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On May 21, market news:<a href=\"https://laohu8.com/S/BA\">boeing</a>The plan is to increase the monthly production capacity of 737 Max aircraft to 26 aircraft by the end of this year, and to reach the official target of 31 aircraft per month by March 2022. Boeing executives discussed plans to increase monthly production capacity of 737 Max aircraft to 42 by the end of 2022.</p><p>Boeing shares rose in pre-market trading, currently up more than 2%, amid reports that Boeing will increase production capacity of the 737 Max aircraft.</p><p><img src=\"https://static.tigerbbs.com/a331854df716bf0cf9e574c2616d11c3\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/94e31336d6af672b08c5ae7ff8b4ec12","relate_stocks":{"BA":"波音"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134351485","content_text":"5月21日，市场消息：波音计划在今年底前增加737 Max客机月产能至26架，并在2022年3月达到月产31架的官方目标。波音高层讨论了在2022年底将737 Max客机月产能提升至42架的计划。波音盘前走高，现涨超2%，有报道称波音将提高737 Max客机产能。","news_type":1,"symbols_score_info":{"BA":0.9}},"isVote":1,"tweetType":1,"viewCount":1611,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139296218,"gmtCreate":1621634358034,"gmtModify":1704360713869,"author":{"id":"3570833668911971","authorId":"3570833668911971","name":"Li Guixi","avatar":"https://static.tigerbbs.com/d47f140f55f4badb19ca06d16064de5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570833668911971","idStr":"3570833668911971"},"themes":[],"title":"","htmlText":"Keep waiting&nbsp;","listText":"Keep waiting&nbsp;","text":"Keep waiting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/139296218","repostId":"1124779247","repostType":4,"isVote":1,"tweetType":1,"viewCount":2291,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":130417817,"gmtCreate":1621560915539,"gmtModify":1704359644039,"author":{"id":"3570833668911971","authorId":"3570833668911971","name":"Li Guixi","avatar":"https://static.tigerbbs.com/d47f140f55f4badb19ca06d16064de5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570833668911971","idStr":"3570833668911971"},"themes":[],"title":"","htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/130417817","repostId":"1198952549","repostType":4,"repost":{"id":"1198952549","kind":"news","pubTimestamp":1621557051,"share":"https://ttm.financial/m/news/1198952549?lang=en_US&edition=fundamental","pubTime":"2021-05-21 08:30","market":"sh","language":"zh","title":"It's coming soon! This is the true \"Nasdaq\" of A-shares.","url":"https://stock-news.laohu8.com/highlight/detail?id=1198952549","media":"华尔街见闻","summary":"摘要：这只新的指数跟创业板比，科技含量更高，跟科创板比，盈利相对更稳定。\n\n又有一只新的指数产品要来了。\n5月19日，证监会新基金申报表里，有点新动静：\n\n 南方、华宝、华夏、易方达、天弘、银华、富国","content":"<p>Abstract: Compared to the ChiNext index, this new index has higher technological content and relatively more stable earnings compared to the STAR Market. Another new index product is coming.</p><p>On May 19, there was some new development in the China Securities Regulatory Commission's new fund application form:</p><p>Ten fund companies, including Southern Fund Management, Huabao Fund Management, China Asset Management, E Fund Management, Tianhong Fund Management, Yinhua Fund Management, Fullgoal Fund Management, China Merchants Fund Management, Harvest Fund Management, and Cathay Pacific Fund Management, have submitted applications for the CSI What? What? 50 years of science and technology innovation and It smells so familiar...</p><p><img src=\"https://static.tigerbbs.com/9c2ee1626cb94b0a1841f341e7123ce4\" tg-width=\"532\" tg-height=\"518\" referrerpolicy=\"no-referrer\"></p><p>This index only made its debut on May 10th, and its official release won't be until June 1st.</p><p>The ETF products corresponding to fund companies also take some time from application to approval.</p><p>Therefore, it will still be some time before the first batch of funds are listed.</p><p>All 10 companies are preparing to launch ETFs and linked funds tracking this indicator, which shows that the competition among institutions is now quite fierce.</p><p><img src=\"https://static.tigerbbs.com/257f4c6d662133f869a07daa499b7920\" tg-width=\"586\" tg-height=\"479\" referrerpolicy=\"no-referrer\"></p><p>Simply put, the Science and Technology Innovation and Entrepreneurship 50 = (Science and Technology Innovation Board + ChiNext Board) is a condensed version of the</p><p>Pull out companies listed on the Science and Technology Innovation Board and companies listed on the ChiNext Board, screen them using the standards of emerging industries, and then select a pool of the top 50 stocks according to market capitalization.</p><p>Char siu and roast duck combo rice is always more delicious than just ordering char siu, right?</p><p><img src=\"https://static.tigerbbs.com/022c879e7feaf8ae3cb2c568caf913d3\" tg-width=\"320\" tg-height=\"180\" referrerpolicy=\"no-referrer\"></p><p>If the Hang Seng Tech Index refers to the Nasdaq in Hong Kong,</p><p>So, the Science and Technology Innovation and Entrepreneurship 50 is the Nasdaq of A-shares!</p><p>Over the past decade, the Nasdaq index has risen by nearly 500%, with an annualized return of 20%!</p><p>It has spawned a host of US-listed tech giants, including Apple, Google, and Microsoft.</p><p><img src=\"https://static.tigerbbs.com/cbef83efd50818c8d891972cd8ab43e8\" tg-width=\"685\" tg-height=\"415\" referrerpolicy=\"no-referrer\"></p><p>Many readers know how important the Science and Technology Innovation Board is. If our country wants to achieve its rise and rejuvenation in the future, technological innovation must be vigorously developed, and in this process, a strong capital market is needed.</p><p>The Science and Technology Innovation Board was born with this mission in mind.</p><p>But besides the Science and Technology Innovation Board, there are many other excellent technology stocks scattered on the ChiNext board.</p><p>Now, with this dual-combination portfolio, it basically covers the top emerging industry companies in the A-share market.</p><p>Compared to the ChiNext board, it has a stronger technological content, after all, it excludes pork stocks like Wens Foodstuff Group.</p><p>Compared to the Science and Technology Innovation Edition, it covers a wider range. Leading new energy companies like CATL are only listed on the ChiNext board.</p><p>I pulled up a table, which shows all the constituent stocks of the Science and Technology Innovation and Entrepreneurship 50 (the specific weights will be important until the index is officially released).</p><p><img src=\"https://static.tigerbbs.com/c1b53ef6ed3e8e888f8dc540970d7b26\" tg-width=\"557\" tg-height=\"2138\" referrerpolicy=\"no-referrer\"></p><p>Of these, the majority are stocks listed on the ChiNext board, with 33, while only 17 are listed on the Science and Technology Innovation Board.</p><p>After all, the ChiNext board has been around for 10 years, and some companies have grown stronger, are relatively stable, and have larger market capitalizations. The Science and Technology Innovation Board is more in the early stages of growth.</p><p>We compared the ChiNext 50 Index and the STAR Market 50 Index and found that...</p><p>Nine stocks are not listed on the ChiNext 50, and three are not listed on the STAR Market 50, including the recently popular COVID-19 vaccine stock CanSino Biologics.</p><p>There may be a time difference here, since the index's \"portfolio adjustment\" only takes place once every six months.</p><p>However, it's not hard to see that securities, food, and non-ferrous metals from the ChiNext board have all been kicked out.</p><p>Only leading companies such as Bloomage Biotechnology, China Railway Signal & Communication Corporation, AMEC, Transsion Holdings, Kingsoft Office, Roborock Technology, Cambricon, and SMIC were selected for the Science and Technology Innovation Board.</p><p><img src=\"https://static.tigerbbs.com/6518d7a9de35d127e2b3ce0f48efde58\" tg-width=\"515\" tg-height=\"508\" referrerpolicy=\"no-referrer\"></p><p>The three most crucial elements of investing: choosing the right one, buying cheaply, and holding it for a long time.</p><p>If the track is right, whether you can buy at a low price is very important.</p><p>Since complete information has not yet been released, we can only refer to the valuation data of the ChiNext 50 and STAR Market 50.</p><p>Since its listing on July 23, 2020, the STAR Market 50 index has performed like this...</p><p><img src=\"https://static.tigerbbs.com/98593994580df66e8b2c4c4cb8e8864c\" tg-width=\"752\" tg-height=\"511\" referrerpolicy=\"no-referrer\"></p><p>In the middle of last year, when consumption, healthcare, and technology were at their peak, the market was frantically chasing new funds, with four STAR Market 50 ETFs raising more than 100 billion yuan.</p><p>Lazy Cat warned at the time that the valuation was too high and it was not recommended to buy.</p><p>And now?</p><p>The STAR Market 50's Dynamic P/E (PE-TTM) has fallen back to the 26% percentile, with a PE ratio of 71 and a peak of 97.</p><p><img src=\"https://static.tigerbbs.com/cbdd43a5ef779c91239e8b9241f9422a\" tg-width=\"748\" tg-height=\"427\" referrerpolicy=\"no-referrer\"></p><p>However, the STAR Market 50 has been listed for too short a time, less than a year, so the valuation is not very meaningful from this perspective.</p><p>Let's take another look at the ChiNext 50.</p><p>In the seven years since 2014, valuations have fluctuated dramatically.</p><p>When it first went public, it caught a crazy bull market, and its valuation reached 140 times its original valuation. Later, it fell all the way down to a low of 27 times its original valuation.</p><p>The current ratio is 58.3 times, with the percentile at 58.37%, which is a comfortable range of neither too high nor too low.</p><p><img src=\"https://static.tigerbbs.com/6192e2a169c183fd5a8876245c4162c4\" tg-width=\"776\" tg-height=\"443\" referrerpolicy=\"no-referrer\"></p><p>Market sentiment has weakened significantly compared to the beginning of the year.</p><p>If we compare horizontally, we will find that the Science and Technology Innovation Board and the ChiNext Board are still not cheap, and are much more expensive than the Hang Seng Tech Index and the Hang Seng Index, which are full of internet companies, not to mention the CSI 300 Composite Index.</p><p><img src=\"https://static.tigerbbs.com/be1e98f2141579334f608dab9c160ad0\" tg-width=\"786\" tg-height=\"429\" referrerpolicy=\"no-referrer\"></p><p><img src=\"https://static.tigerbbs.com/35800716e266902e4fe68ab558d981fb\" tg-width=\"1\" tg-height=\"1\" referrerpolicy=\"no-referrer\">Take SMIC, which is listed in both Hong Kong and Singapore, for example. Its PE ratio on the Hong Kong stock exchange is only 28 times, but it is 87 times on the Science and Technology Innovation Board, which is more than three times higher.</p><p>It's worth noting that SMIC's A-shares have fallen by more than 40% from their listing high.</p><p><img src=\"https://static.tigerbbs.com/143177561001855505ddff198ef8ed79\" tg-width=\"732\" tg-height=\"423\" referrerpolicy=\"no-referrer\"></p><p>If you haven't allocated funds to the Science and Technology Innovation Board or small and mid-cap stocks yet, the Science and Technology Innovation and Entrepreneurship 50 Index is indeed worth paying attention to, as the index quality is quite high.</p><p>If the valuation remains at its current level when it goes public, you can consider using dollar-cost averaging to make some allocations.</p><p>However, for large-scale purchases, one can wait for a cheaper location.</p><p>To summarize:</p><p>1. Compared to the ChiNext index, this new index has higher technological content and relatively more stable earnings compared to the STAR Market.</p><p>2. Referring to comparable indices, the valuation is already much lower than when it was listed on the Science and Technology Innovation Board. Dollar-cost averaging can be considered for some allocations, while large-scale investments can wait for a better opportunity.</p><p>3. When a new index is released, it is best to observe it for a period of time before making a move; do not rush.</p>","source":"highlight_wallstreetcn","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>It's coming soon! This is the true \"Nasdaq\" of A-shares.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIt's coming soon! This is the true \"Nasdaq\" of A-shares.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2021-05-21 08:30</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Abstract: Compared to the ChiNext index, this new index has higher technological content and relatively more stable earnings compared to the STAR Market. Another new index product is coming.</p><p>On May 19, there was some new development in the China Securities Regulatory Commission's new fund application form:</p><p>Ten fund companies, including Southern Fund Management, Huabao Fund Management, China Asset Management, E Fund Management, Tianhong Fund Management, Yinhua Fund Management, Fullgoal Fund Management, China Merchants Fund Management, Harvest Fund Management, and Cathay Pacific Fund Management, have submitted applications for the CSI What? What? 50 years of science and technology innovation and It smells so familiar...</p><p><img src=\"https://static.tigerbbs.com/9c2ee1626cb94b0a1841f341e7123ce4\" tg-width=\"532\" tg-height=\"518\" referrerpolicy=\"no-referrer\"></p><p>This index only made its debut on May 10th, and its official release won't be until June 1st.</p><p>The ETF products corresponding to fund companies also take some time from application to approval.</p><p>Therefore, it will still be some time before the first batch of funds are listed.</p><p>All 10 companies are preparing to launch ETFs and linked funds tracking this indicator, which shows that the competition among institutions is now quite fierce.</p><p><img src=\"https://static.tigerbbs.com/257f4c6d662133f869a07daa499b7920\" tg-width=\"586\" tg-height=\"479\" referrerpolicy=\"no-referrer\"></p><p>Simply put, the Science and Technology Innovation and Entrepreneurship 50 = (Science and Technology Innovation Board + ChiNext Board) is a condensed version of the</p><p>Pull out companies listed on the Science and Technology Innovation Board and companies listed on the ChiNext Board, screen them using the standards of emerging industries, and then select a pool of the top 50 stocks according to market capitalization.</p><p>Char siu and roast duck combo rice is always more delicious than just ordering char siu, right?</p><p><img src=\"https://static.tigerbbs.com/022c879e7feaf8ae3cb2c568caf913d3\" tg-width=\"320\" tg-height=\"180\" referrerpolicy=\"no-referrer\"></p><p>If the Hang Seng Tech Index refers to the Nasdaq in Hong Kong,</p><p>So, the Science and Technology Innovation and Entrepreneurship 50 is the Nasdaq of A-shares!</p><p>Over the past decade, the Nasdaq index has risen by nearly 500%, with an annualized return of 20%!</p><p>It has spawned a host of US-listed tech giants, including Apple, Google, and Microsoft.</p><p><img src=\"https://static.tigerbbs.com/cbef83efd50818c8d891972cd8ab43e8\" tg-width=\"685\" tg-height=\"415\" referrerpolicy=\"no-referrer\"></p><p>Many readers know how important the Science and Technology Innovation Board is. If our country wants to achieve its rise and rejuvenation in the future, technological innovation must be vigorously developed, and in this process, a strong capital market is needed.</p><p>The Science and Technology Innovation Board was born with this mission in mind.</p><p>But besides the Science and Technology Innovation Board, there are many other excellent technology stocks scattered on the ChiNext board.</p><p>Now, with this dual-combination portfolio, it basically covers the top emerging industry companies in the A-share market.</p><p>Compared to the ChiNext board, it has a stronger technological content, after all, it excludes pork stocks like Wens Foodstuff Group.</p><p>Compared to the Science and Technology Innovation Edition, it covers a wider range. Leading new energy companies like CATL are only listed on the ChiNext board.</p><p>I pulled up a table, which shows all the constituent stocks of the Science and Technology Innovation and Entrepreneurship 50 (the specific weights will be important until the index is officially released).</p><p><img src=\"https://static.tigerbbs.com/c1b53ef6ed3e8e888f8dc540970d7b26\" tg-width=\"557\" tg-height=\"2138\" referrerpolicy=\"no-referrer\"></p><p>Of these, the majority are stocks listed on the ChiNext board, with 33, while only 17 are listed on the Science and Technology Innovation Board.</p><p>After all, the ChiNext board has been around for 10 years, and some companies have grown stronger, are relatively stable, and have larger market capitalizations. The Science and Technology Innovation Board is more in the early stages of growth.</p><p>We compared the ChiNext 50 Index and the STAR Market 50 Index and found that...</p><p>Nine stocks are not listed on the ChiNext 50, and three are not listed on the STAR Market 50, including the recently popular COVID-19 vaccine stock CanSino Biologics.</p><p>There may be a time difference here, since the index's \"portfolio adjustment\" only takes place once every six months.</p><p>However, it's not hard to see that securities, food, and non-ferrous metals from the ChiNext board have all been kicked out.</p><p>Only leading companies such as Bloomage Biotechnology, China Railway Signal & Communication Corporation, AMEC, Transsion Holdings, Kingsoft Office, Roborock Technology, Cambricon, and SMIC were selected for the Science and Technology Innovation Board.</p><p><img src=\"https://static.tigerbbs.com/6518d7a9de35d127e2b3ce0f48efde58\" tg-width=\"515\" tg-height=\"508\" referrerpolicy=\"no-referrer\"></p><p>The three most crucial elements of investing: choosing the right one, buying cheaply, and holding it for a long time.</p><p>If the track is right, whether you can buy at a low price is very important.</p><p>Since complete information has not yet been released, we can only refer to the valuation data of the ChiNext 50 and STAR Market 50.</p><p>Since its listing on July 23, 2020, the STAR Market 50 index has performed like this...</p><p><img src=\"https://static.tigerbbs.com/98593994580df66e8b2c4c4cb8e8864c\" tg-width=\"752\" tg-height=\"511\" referrerpolicy=\"no-referrer\"></p><p>In the middle of last year, when consumption, healthcare, and technology were at their peak, the market was frantically chasing new funds, with four STAR Market 50 ETFs raising more than 100 billion yuan.</p><p>Lazy Cat warned at the time that the valuation was too high and it was not recommended to buy.</p><p>And now?</p><p>The STAR Market 50's Dynamic P/E (PE-TTM) has fallen back to the 26% percentile, with a PE ratio of 71 and a peak of 97.</p><p><img src=\"https://static.tigerbbs.com/cbdd43a5ef779c91239e8b9241f9422a\" tg-width=\"748\" tg-height=\"427\" referrerpolicy=\"no-referrer\"></p><p>However, the STAR Market 50 has been listed for too short a time, less than a year, so the valuation is not very meaningful from this perspective.</p><p>Let's take another look at the ChiNext 50.</p><p>In the seven years since 2014, valuations have fluctuated dramatically.</p><p>When it first went public, it caught a crazy bull market, and its valuation reached 140 times its original valuation. Later, it fell all the way down to a low of 27 times its original valuation.</p><p>The current ratio is 58.3 times, with the percentile at 58.37%, which is a comfortable range of neither too high nor too low.</p><p><img src=\"https://static.tigerbbs.com/6192e2a169c183fd5a8876245c4162c4\" tg-width=\"776\" tg-height=\"443\" referrerpolicy=\"no-referrer\"></p><p>Market sentiment has weakened significantly compared to the beginning of the year.</p><p>If we compare horizontally, we will find that the Science and Technology Innovation Board and the ChiNext Board are still not cheap, and are much more expensive than the Hang Seng Tech Index and the Hang Seng Index, which are full of internet companies, not to mention the CSI 300 Composite Index.</p><p><img src=\"https://static.tigerbbs.com/be1e98f2141579334f608dab9c160ad0\" tg-width=\"786\" tg-height=\"429\" referrerpolicy=\"no-referrer\"></p><p><img src=\"https://static.tigerbbs.com/35800716e266902e4fe68ab558d981fb\" tg-width=\"1\" tg-height=\"1\" referrerpolicy=\"no-referrer\">Take SMIC, which is listed in both Hong Kong and Singapore, for example. Its PE ratio on the Hong Kong stock exchange is only 28 times, but it is 87 times on the Science and Technology Innovation Board, which is more than three times higher.</p><p>It's worth noting that SMIC's A-shares have fallen by more than 40% from their listing high.</p><p><img src=\"https://static.tigerbbs.com/143177561001855505ddff198ef8ed79\" tg-width=\"732\" tg-height=\"423\" referrerpolicy=\"no-referrer\"></p><p>If you haven't allocated funds to the Science and Technology Innovation Board or small and mid-cap stocks yet, the Science and Technology Innovation and Entrepreneurship 50 Index is indeed worth paying attention to, as the index quality is quite high.</p><p>If the valuation remains at its current level when it goes public, you can consider using dollar-cost averaging to make some allocations.</p><p>However, for large-scale purchases, one can wait for a cheaper location.</p><p>To summarize:</p><p>1. Compared to the ChiNext index, this new index has higher technological content and relatively more stable earnings compared to the STAR Market.</p><p>2. Referring to comparable indices, the valuation is already much lower than when it was listed on the Science and Technology Innovation Board. Dollar-cost averaging can be considered for some allocations, while large-scale investments can wait for a better opportunity.</p><p>3. When a new index is released, it is best to observe it for a period of time before making a move; do not rush.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/articles/3630881\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/753c9aba3202037bc97463c545d5d015","relate_stocks":{},"source_url":"https://wallstreetcn.com/articles/3630881","is_english":false,"share_image_url":"https://static.laohu8.com/cc96873d3d23ee6ac10685520df9c100","article_id":"1198952549","content_text":"摘要：这只新的指数跟创业板比，科技含量更高，跟科创板比，盈利相对更稳定。\n\n又有一只新的指数产品要来了。\n5月19日，证监会新基金申报表里，有点新动静：\n\n 南方、华宝、华夏、易方达、天弘、银华、富国、招商、嘉实、国泰等10家基金公司密集上报中证科创创业50ETF基金。\n\n啥？科创创业50？好熟悉的味道...\n\n这只指数5月10日才露了个脸，正式发布要等到6月1日，\n基金公司对应的ETF产品，从申报到审批也要一段时间，\n所以等到首批基金上市，还有些日子。\n10家公司都准备发行跟踪这个指标的ETF和联接基金，可见现在机构之间的竞（nei）争（juan）够激烈的。\n\n简单来说，科创创业50=（科创板+创业板）的科技浓缩版。\n把科创板的公司和创业板的公司拉出来，用新兴产业的标准筛一遍，再按市值排名挑出前50只股票组成的一个池子。\n叉烧烧鸭双拼饭，总归比只点叉烧来得香，对不对？\n\n\n如果说恒生科技指数指港股的纳斯达克，\n那么，科创创业50就是A股的纳斯达克！\n过去十年，纳斯达克指数涨了将近500%，年化收益率达到20%！\n孵出了苹果、谷歌、微软等一众美股科技巨头。\n\n\n\n科创板有多重要，很多读者都知道，未来我们国家想要实现崛起和复兴，科技创新是必须要大力发展的，在这个过程中，就需要一个强大的资本市场。\n科创板就是秉承着这样的使命诞生的。\n但除了科创板，还有很多优秀的科技股散落在创业板，\n现在有了这个双拼组合，就基本涵盖了A股最顶级的新兴产业公司。\n跟创业板比，它的科技含量更浓，毕竟剔除掉了温氏股份这样的猪肉股。\n跟科创版比，它涵盖范围更广，像宁德时代这样的新能源龙头，只在创业板上市。\n我拉了一张表，下面是科创创业50所有的成分股（具体权重要等到指数正式发布），\n\n\n这里面还是创业板的股票占大头，有33只，科创板的股票只有17只，\n毕竟创业板已经走过了10个年头，一些公司已经发展壮大，比较稳定，市值也更大，科创板更多处于成长的早期阶段。\n我们拿创业板50指数还有科创板50指数对比发现，\n有9只股票不在创业板50里，有3只不在科创板50里，包括最近大火的新冠疫苗股康希诺。\n这里面可能存在时间差，毕竟指数的“调仓”半年才进行一次。\n但不难发现，创业板里的证券、食品、有色金属等都被踢出去了，\n科创板只入选了华熙生物、中国通号、中微公司、传音控股、金山办公、石头科技、寒武纪、中芯国际这样的龙头。\n\n投资最关键的三要素：选的对、买的便宜、拿的够久，\n如果赛道是对的，能不能买在低位就非常重要。\n因为还没有公布完整的信息，我们只能参考创业板50和科创板50的估值数据。\n自从2020年7月23日上市以来，科创50的走势是这样婶儿的...\n\n去年年中，正好是消费、医疗和科技最火热的时候，市场疯狂追捧新基金，4只科创50ETF的募资规模超过千亿。\n当时懒猫就警告过，估值太高了不建议买。\n那现在呢？\n科创50的动态市盈率（PE-TTM）都已经回落到26%的分位点，PE是71倍，最高的时候97倍。\n\n但科创50上市的时间太短了，还不到1年，这么看估值意义不大。\n我们再看看创业板50。\n从2014年开始，到现在7年的时间，估值也暴涨暴跌过，\n刚上市那会儿赶上一轮疯牛，估值到过140倍，后来一路下跌最低到了27倍，\n现在是58.3倍，分位点落在58.37%，不高不低比较舒适的区间，\n\n市场情绪比年初已经回落很多了。\n如果我们横向来对比，会发现科创板和创业板依然不便宜，比互联网扎堆的恒生科技指数、恒生指数都贵不少，更不用说沪深300大盘指数。\n\n拿两地上市的中芯国际来说，港股上市的PE只有28倍，但在科创版有87倍，足足高出了三倍多。\n要知道，中芯国际A股已经较上市时的高点跌了40+%。\n\n如果你还没有配置科创板或者中小盘，科创创业50指数的确是值得关注的，指数质量挺高。\n如果上市的时候估值依然在现在这个水平，可以考虑采用定投的方式，做一些配置，\n但大手笔的买入，还可以再等等更便宜的位置。\n总结一下：\n\n1，这只新的指数跟创业板比，科技含量更高，跟科创板比，盈利相对更稳定。\n2，参考可对比的指数，估值已经比科创板上市时低了不少，定投做一些配置可以考虑，大手笔投入可以等待更好的时机。\n3，新指数出来，最好观察一段时间再出手，不要着急。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2101,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":130373356,"gmtCreate":1621516450275,"gmtModify":1704358898202,"author":{"id":"3570833668911971","authorId":"3570833668911971","name":"Li Guixi","avatar":"https://static.tigerbbs.com/d47f140f55f4badb19ca06d16064de5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570833668911971","idStr":"3570833668911971"},"themes":[],"title":"","htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/130373356","repostId":"1136036951","repostType":4,"repost":{"id":"1136036951","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1621515833,"share":"https://ttm.financial/m/news/1136036951?lang=en_US&edition=fundamental","pubTime":"2021-05-20 21:03","market":"us","language":"zh","title":"Ford rose in pre-market trading after announcing a joint venture with SK Innovations.","url":"https://stock-news.laohu8.com/highlight/detail?id=1136036951","media":"老虎资讯综合","summary":"5月20日，福特汽车与SK创新正式宣布签订有关在美国共同建立电池工厂的谅解备忘录。据文本显示，该工厂年产能将达到60吉瓦时，将在2025年左右投产。福特汽车盘前走高，现涨超3%。","content":"<p>On May 20,<a href=\"https://laohu8.com/S/F\">Ford Motor</a>We officially announced the signing of a memorandum of understanding with SK Innovation regarding the joint establishment of a battery factory in the United States. According to the text, the plant will have an annual production capacity of 60 gigawatt-hours and will be put into operation around 2025.</p><p>Ford Motor Company rose in pre-market trading and is now up more than 3%.</p><p><img src=\"https://static.tigerbbs.com/68775baba3d6e6ca6b3e2ec4d53a1b62\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ford rose in pre-market trading after announcing a joint venture with SK Innovations.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFord rose in pre-market trading after announcing a joint venture with SK Innovations.\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-05-20 21:03</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On May 20,<a href=\"https://laohu8.com/S/F\">Ford Motor</a>We officially announced the signing of a memorandum of understanding with SK Innovation regarding the joint establishment of a battery factory in the United States. According to the text, the plant will have an annual production capacity of 60 gigawatt-hours and will be put into operation around 2025.</p><p>Ford Motor Company rose in pre-market trading and is now up more than 3%.</p><p><img src=\"https://static.tigerbbs.com/68775baba3d6e6ca6b3e2ec4d53a1b62\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c9c7511e646b4f70e751ca585ab218a0","relate_stocks":{"F":"福特汽车"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136036951","content_text":"5月20日，福特汽车与SK创新正式宣布签订有关在美国共同建立电池工厂的谅解备忘录。据文本显示，该工厂年产能将达到60吉瓦时，将在2025年左右投产。福特汽车盘前走高，现涨超3%。","news_type":1,"symbols_score_info":{"F":0.9}},"isVote":1,"tweetType":1,"viewCount":2386,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":892983185,"gmtCreate":1628633882547,"gmtModify":1676529800421,"author":{"id":"3570833668911971","authorId":"3570833668911971","name":"Li Guixi","avatar":"https://static.tigerbbs.com/d47f140f55f4badb19ca06d16064de5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570833668911971","authorIdStr":"3570833668911971"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/FUBO\">$fuboTV Inc.(FUBO)$</a>Thanks&nbsp;","listText":"<a href=\"https://laohu8.com/S/FUBO\">$fuboTV Inc.(FUBO)$</a>Thanks&nbsp;","text":"$fuboTV Inc.(FUBO)$Thanks","images":[{"img":"https://static.tigerbbs.com/8d683140fa249f6088fcabe8183b32cd","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/892983185","isVote":1,"tweetType":1,"viewCount":6563,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9030559737,"gmtCreate":1645761442398,"gmtModify":1676534062093,"author":{"id":"3570833668911971","authorId":"3570833668911971","name":"Li Guixi","avatar":"https://static.tigerbbs.com/d47f140f55f4badb19ca06d16064de5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570833668911971","authorIdStr":"3570833668911971"},"themes":[],"title":"","htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030559737","repostId":"2214920283","repostType":4,"isVote":1,"tweetType":1,"viewCount":6782,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139296218,"gmtCreate":1621634358034,"gmtModify":1704360713869,"author":{"id":"3570833668911971","authorId":"3570833668911971","name":"Li Guixi","avatar":"https://static.tigerbbs.com/d47f140f55f4badb19ca06d16064de5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570833668911971","authorIdStr":"3570833668911971"},"themes":[],"title":"","htmlText":"Keep waiting&nbsp;","listText":"Keep waiting&nbsp;","text":"Keep waiting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/139296218","repostId":"1124779247","repostType":4,"isVote":1,"tweetType":1,"viewCount":2291,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":113983737,"gmtCreate":1622590833129,"gmtModify":1704186764546,"author":{"id":"3570833668911971","authorId":"3570833668911971","name":"Li Guixi","avatar":"https://static.tigerbbs.com/d47f140f55f4badb19ca06d16064de5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570833668911971","authorIdStr":"3570833668911971"},"themes":[],"title":"","htmlText":"Good effortd","listText":"Good effortd","text":"Good effortd","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/113983737","repostId":"1177869040","repostType":4,"repost":{"id":"1177869040","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1622589525,"share":"https://ttm.financial/m/news/1177869040?lang=en_US&edition=fundamental","pubTime":"2021-06-02 07:18","market":"us","language":"zh","title":"Stocks favored by retail investors in the U.S. stock market rose in after-hours trading, with AMC Cinemas gaining nearly 20%.","url":"https://stock-news.laohu8.com/highlight/detail?id=1177869040","media":"老虎资讯综合","summary":"6月2日，延续周二涨幅，美股盘后散户抱团股齐涨，AMC院线涨近20%，黑莓涨超13%，Express、高斯电子涨超7%，游戏驿站涨近3%。","content":"<p>On June 2nd, continuing Tuesday's gains, stocks favored by retail investors in the US stock market rose in after-hours trading.<a href=\"https://laohu8.com/S/AMC\">AMC Cinemas</a>Up nearly 20%,<a href=\"https://laohu8.com/S/BBRY\">Blackberry</a>Up more than 13%,<a href=\"https://laohu8.com/S/EXPR\">Express</a>、<a href=\"https://laohu8.com/S/KOSS\">Gaussian electronics</a>It rose more than 7%.<a href=\"https://laohu8.com/S/GME\">Game Station</a>It rose nearly 3%.</p><p><img src=\"https://static.tigerbbs.com/f3882588fa436d60415607bf39129754\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/e6945c939fbed7ff5c035c6a27e41594\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/ef1ffc2039106ee436b0cd72c3a004e3\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/3fa64425cab22d894566d7ec47b1841e\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/71298917363cc46cf848d4dc87558022\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks favored by retail investors in the U.S. stock market rose in after-hours trading, with AMC Cinemas gaining nearly 20%.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks favored by retail investors in the U.S. stock market rose in after-hours trading, with AMC Cinemas gaining nearly 20%.\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-02 07:18</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On June 2nd, continuing Tuesday's gains, stocks favored by retail investors in the US stock market rose in after-hours trading.<a href=\"https://laohu8.com/S/AMC\">AMC Cinemas</a>Up nearly 20%,<a href=\"https://laohu8.com/S/BBRY\">Blackberry</a>Up more than 13%,<a href=\"https://laohu8.com/S/EXPR\">Express</a>、<a href=\"https://laohu8.com/S/KOSS\">Gaussian electronics</a>It rose more than 7%.<a href=\"https://laohu8.com/S/GME\">Game Station</a>It rose nearly 3%.</p><p><img src=\"https://static.tigerbbs.com/f3882588fa436d60415607bf39129754\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/e6945c939fbed7ff5c035c6a27e41594\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/ef1ffc2039106ee436b0cd72c3a004e3\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/3fa64425cab22d894566d7ec47b1841e\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/71298917363cc46cf848d4dc87558022\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/fd680cd945fd32917c8ece66ec685e5f","relate_stocks":{"GME":"游戏驿站","EXPR":"Express, Inc.","KOSS":"高斯电子","AMC":"AMC院线","BB":"黑莓"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177869040","content_text":"6月2日，延续周二涨幅，美股盘后散户抱团股齐涨，AMC院线涨近20%，黑莓涨超13%，Express、高斯电子涨超7%，游戏驿站涨近3%。","news_type":1,"symbols_score_info":{"EXPR":0.9,"AMC":0.9,"GME":0.9,"BB":0.9,"KOSS":0.9}},"isVote":1,"tweetType":1,"viewCount":2212,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":198060839,"gmtCreate":1620914219221,"gmtModify":1704350391629,"author":{"id":"3570833668911971","authorId":"3570833668911971","name":"Li Guixi","avatar":"https://static.tigerbbs.com/d47f140f55f4badb19ca06d16064de5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570833668911971","authorIdStr":"3570833668911971"},"themes":[],"title":"","htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/198060839","repostId":"1138315632","repostType":4,"repost":{"id":"1138315632","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1620909513,"share":"https://ttm.financial/m/news/1138315632?lang=en_US&edition=fundamental","pubTime":"2021-05-13 20:38","market":"us","language":"zh","title":"Pre-market: Earnings reports were mixed, with XPeng rising over 5% and Alibaba falling over 3%.","url":"https://stock-news.laohu8.com/highlight/detail?id=1138315632","media":"老虎资讯综合","summary":"美股三大指数期货在盘前时段涨跌不一，纳指期货率先反弹。","content":"<p><b>[Key Data]</b></p><p>Number of initial jobless claims in the United States for the week ending May 8 (in thousands):<b>47.3，</b>This is the lowest value since the week ending March 14, 2020. Expected: 49, previous value: 49.8.</p><p>US April PPI month-on-month rate:<b>0.6%，</b>Expected: 0.3%, previous value: 1%.</p><p><b>Institutions comment on the number of initial jobless claims in the United States</b>U.S. unemployment claims fell to a new low last week as business confidence increased and employers sought to fill vacancies left by restrictions. As more Americans get vaccinated and consumer demand increases, the labor market continues to improve, helping to stimulate economic activity. Hiring is expected to continue to accelerate as more businesses and states lift restrictions.</p><p><b>[Index Futures Trends]</b></p><p>Futures for the three major U.S. stock indexes were mixed in pre-market trading, with Nasdaq futures rebounding first. U.S. stocks plunged on Wednesday after overnight data showed that the U.S. CPI rose at an annualized rate of 4.2% in April, the fastest rise in consumer prices in about 13 years, reigniting market concerns about inflation.</p><p><img src=\"https://static.tigerbbs.com/4484b18344de54c5c4a36e393485b82e\" tg-width=\"695\" tg-height=\"241\" referrerpolicy=\"no-referrer\"></p><p><b>[Pre-market Market Data]</b></p><p><b>Popular Chinese concept stocks</b></p><p><a href=\"https://laohu8.com/S/BABA\">Alibaba</a>It fell more than 3% in pre-market trading. Alibaba today released its financial results for the fourth quarter and full year of fiscal year 2021, including...<b>Operating loss for the fourth quarter was RMB7.663 billion (US$1.17 billion), primarily due to a fine of RMB18.228 billion (US$2.782 billion) imposed by the State Administration for Market Regulation under China's Anti-Monopoly Law.</b></p><p><a href=\"https://laohu8.com/S/XPEV\">XPeng Automotive</a>It rose more than 5% in pre-market trading. The financial report shows that in the first quarter of 2021<a href=\"https://laohu8.com/S/XPEV\">XPeng Automotive</a>Revenue reached 2.95 billion yuan, a year-on-year increase of 616.1%, exceeding analysts' previous estimate of 2.89 billion yuan and setting a new record.</p><p>At the same time,<a href=\"https://laohu8.com/S/NIO\">Nio</a>It rose more than 1% in pre-market trading.<a href=\"https://laohu8.com/S/LI\">Li Auto</a>It rose more than 3% in pre-market trading.</p><p><a href=\"https://laohu8.com/S/BILI\">Bilibili</a>It rose more than 3% in pre-market trading. Bilibili's revenue reached 3.9 billion yuan in the first quarter, a year-on-year increase of 68%. Meanwhile, Bilibili's average monthly active users increased by 30% year-on-year to 223 million; The average monthly active users on mobile devices increased by 33% year-on-year, reaching 209 million.</p><p><b>Important US stocks</b></p><p>Bitcoin experienced a sharp correction, and blockchain-related stocks generally fell.<a href=\"https://laohu8.com/S/MARA\">Marathon Patent</a>、<a href=\"https://laohu8.com/S/RIOT\">Riot Blockchain</a>It fell more than 7%.<a href=\"https://laohu8.com/S/BTBT\">Bit Digital Inc</a>It fell 0.1%; Chinese concept stocks<a href=\"https://laohu8.com/S/CAN\">Canaan Technology</a>、<a href=\"https://laohu8.com/S/NCTY\">Ninth City</a>It fell more than 6%.<a href=\"https://laohu8.com/S/XNET\">Xunlei</a>It fell 0.98%.</p><p>U.S. resource stocks generally fell in pre-market trading.<a href=\"https://laohu8.com/S/VALE\">Vale</a>It fell 1.94%.<a href=\"https://laohu8.com/S/RIO\">Rio Tinto</a>It fell 3.07%.<a href=\"https://laohu8.com/S/BBL\">BHP Billiton</a>It fell 2.96%.<a href=\"https://laohu8.com/S/AA\">Alcoa</a>It fell by more than 1%.</p><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a>The stock rose 1.2% in pre-market trading after Musk announced yesterday that he would suspend the use of Bitcoin Pay.</p><p>Smart speaker manufacturer<a href=\"https://laohu8.com/S/SONO\">Sonos</a>The stock rose more than 13% in pre-market trading after the company raised its full-year revenue forecast in its financial report released yesterday.</p><p><b>[Commodities]</b></p><p>◆ International oil prices plummeted. News of the restart of U.S. oil pipelines weighed on oil prices. Meanwhile, rising inflation concerns and a decline in global stock markets also put additional pressure on the crude oil market.</p><p>As of press time, WTI crude oil futures were trading at 64.74 yuan per barrel, up 2.03%. Brent crude oil was trading at $68.00 a barrel, up 1.90%.</p><p><img src=\"https://static.tigerbbs.com/08ab147dc2ff7a456e553d8fa361a856\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>◆ Gold prices fell slightly. As rising US Treasury yields weakened the attractiveness of gold, a stronger dollar also suppressed gold prices, causing gold futures prices to fall.</p><p>As of press time, international gold futures were trading at $1,815.00 per ounce, down 0.43%.</p><p><img src=\"https://static.tigerbbs.com/1efce0d8c39cf4dcaad4aba077d54a55\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pre-market: Earnings reports were mixed, with XPeng rising over 5% and Alibaba falling over 3%.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPre-market: Earnings reports were mixed, with XPeng rising over 5% and Alibaba falling over 3%.\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-05-13 20:38</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><b>[Key Data]</b></p><p>Number of initial jobless claims in the United States for the week ending May 8 (in thousands):<b>47.3，</b>This is the lowest value since the week ending March 14, 2020. Expected: 49, previous value: 49.8.</p><p>US April PPI month-on-month rate:<b>0.6%，</b>Expected: 0.3%, previous value: 1%.</p><p><b>Institutions comment on the number of initial jobless claims in the United States</b>U.S. unemployment claims fell to a new low last week as business confidence increased and employers sought to fill vacancies left by restrictions. As more Americans get vaccinated and consumer demand increases, the labor market continues to improve, helping to stimulate economic activity. Hiring is expected to continue to accelerate as more businesses and states lift restrictions.</p><p><b>[Index Futures Trends]</b></p><p>Futures for the three major U.S. stock indexes were mixed in pre-market trading, with Nasdaq futures rebounding first. U.S. stocks plunged on Wednesday after overnight data showed that the U.S. CPI rose at an annualized rate of 4.2% in April, the fastest rise in consumer prices in about 13 years, reigniting market concerns about inflation.</p><p><img src=\"https://static.tigerbbs.com/4484b18344de54c5c4a36e393485b82e\" tg-width=\"695\" tg-height=\"241\" referrerpolicy=\"no-referrer\"></p><p><b>[Pre-market Market Data]</b></p><p><b>Popular Chinese concept stocks</b></p><p><a href=\"https://laohu8.com/S/BABA\">Alibaba</a>It fell more than 3% in pre-market trading. Alibaba today released its financial results for the fourth quarter and full year of fiscal year 2021, including...<b>Operating loss for the fourth quarter was RMB7.663 billion (US$1.17 billion), primarily due to a fine of RMB18.228 billion (US$2.782 billion) imposed by the State Administration for Market Regulation under China's Anti-Monopoly Law.</b></p><p><a href=\"https://laohu8.com/S/XPEV\">XPeng Automotive</a>It rose more than 5% in pre-market trading. The financial report shows that in the first quarter of 2021<a href=\"https://laohu8.com/S/XPEV\">XPeng Automotive</a>Revenue reached 2.95 billion yuan, a year-on-year increase of 616.1%, exceeding analysts' previous estimate of 2.89 billion yuan and setting a new record.</p><p>At the same time,<a href=\"https://laohu8.com/S/NIO\">Nio</a>It rose more than 1% in pre-market trading.<a href=\"https://laohu8.com/S/LI\">Li Auto</a>It rose more than 3% in pre-market trading.</p><p><a href=\"https://laohu8.com/S/BILI\">Bilibili</a>It rose more than 3% in pre-market trading. Bilibili's revenue reached 3.9 billion yuan in the first quarter, a year-on-year increase of 68%. Meanwhile, Bilibili's average monthly active users increased by 30% year-on-year to 223 million; The average monthly active users on mobile devices increased by 33% year-on-year, reaching 209 million.</p><p><b>Important US stocks</b></p><p>Bitcoin experienced a sharp correction, and blockchain-related stocks generally fell.<a href=\"https://laohu8.com/S/MARA\">Marathon Patent</a>、<a href=\"https://laohu8.com/S/RIOT\">Riot Blockchain</a>It fell more than 7%.<a href=\"https://laohu8.com/S/BTBT\">Bit Digital Inc</a>It fell 0.1%; Chinese concept stocks<a href=\"https://laohu8.com/S/CAN\">Canaan Technology</a>、<a href=\"https://laohu8.com/S/NCTY\">Ninth City</a>It fell more than 6%.<a href=\"https://laohu8.com/S/XNET\">Xunlei</a>It fell 0.98%.</p><p>U.S. resource stocks generally fell in pre-market trading.<a href=\"https://laohu8.com/S/VALE\">Vale</a>It fell 1.94%.<a href=\"https://laohu8.com/S/RIO\">Rio Tinto</a>It fell 3.07%.<a href=\"https://laohu8.com/S/BBL\">BHP Billiton</a>It fell 2.96%.<a href=\"https://laohu8.com/S/AA\">Alcoa</a>It fell by more than 1%.</p><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a>The stock rose 1.2% in pre-market trading after Musk announced yesterday that he would suspend the use of Bitcoin Pay.</p><p>Smart speaker manufacturer<a href=\"https://laohu8.com/S/SONO\">Sonos</a>The stock rose more than 13% in pre-market trading after the company raised its full-year revenue forecast in its financial report released yesterday.</p><p><b>[Commodities]</b></p><p>◆ International oil prices plummeted. News of the restart of U.S. oil pipelines weighed on oil prices. Meanwhile, rising inflation concerns and a decline in global stock markets also put additional pressure on the crude oil market.</p><p>As of press time, WTI crude oil futures were trading at 64.74 yuan per barrel, up 2.03%. Brent crude oil was trading at $68.00 a barrel, up 1.90%.</p><p><img src=\"https://static.tigerbbs.com/08ab147dc2ff7a456e553d8fa361a856\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>◆ Gold prices fell slightly. As rising US Treasury yields weakened the attractiveness of gold, a stronger dollar also suppressed gold prices, causing gold futures prices to fall.</p><p>As of press time, international gold futures were trading at $1,815.00 per ounce, down 0.43%.</p><p><img src=\"https://static.tigerbbs.com/1efce0d8c39cf4dcaad4aba077d54a55\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ed4ee39e6b0f45214393093d70ba81a8","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138315632","content_text":"【重磅数据】美国至5月8日当周初请失业金人数（万人）：47.3，为2020年3月14日当周以来最低值。预期：49，前值：49.8。美国4月PPI月率：0.6%，预期：0.3%，前值：1%。机构评美国初请失业金人数：美国失业金申请人数上周降至新低，因商业信心增强，雇主寻求填补因限制措施而留下的空缺职位。随着越来越多的美国人接种疫苗和消费者需求增加，劳动力市场继续改善，有助于刺激经济活动。随着更多的企业和州取消限制措施，预计招聘将继续加速。【期指行情】美股三大指数期货在盘前时段涨跌不一，纳指期货率先反弹。美股周三大跌，隔夜公布的数据显示美国4月CPI年率录得4.2%，为消费者价格约13年来的最快上升速度，重燃了市场对于通货膨胀的担忧。【盘前行情】热门中概股阿里巴巴盘前跌超3%。阿里今日公布2021财年四季度及全年财报，其中四季度经营亏损为人民币76.63亿元（11.70亿美元），主要由于国家市场监督管理总局就中国反垄断法处以罚款人民币182.28亿元（27.82亿美元）。小鹏汽车盘前涨超5%。财报显示，2021年第一季度小鹏汽车营收29.5亿元，同比增长616.1%，超出此前分析师预估的28.9亿元，创下历史新高。同时，蔚来盘前涨超1%，理想汽车盘前涨超3%。哔哩哔哩盘前涨超3%。B站一季度营收达39.0亿元人民币，同比增长68%。同时，B站月均活跃用户同比增长30%，达2.23亿；移动端月均活跃用户同比增长33%，达2.09亿。重要美股比特币大幅回调，区块链概念股普跌，Marathon Patent、Riot Blockchain跌超7%，Bit Digital Inc跌0.1%；中概股嘉楠科技、第九城市跌超6%，迅雷跌0.98%。美股资源股盘前普跌，淡水河谷跌1.94%，力拓跌3.07%，必和必拓跌2.96%，美国铝业跌超1%。特斯拉盘前涨1.2%，昨日马斯克宣布暂停使用比特币支付。智能音箱制造商Sonos盘前涨超13%，公司在昨日公布的财报中上调了全年营收预期。【大宗商品】◆国际油价大跌。有关美国输油管道重启的消息打压油价。同时，通胀担忧上升，全球股市下挫，也给原油市场带来额外压力。截至发稿，WTI原油期货价格报64.74元/桶，涨幅2.03%；布伦特原油报68.00美元每桶，涨幅1.90%。◆黄金价格小幅下跌。由于美债收益率上升削弱了黄金的吸引力，美元走强也抑制了黄金价格，期货黄金价格走低。截至发稿，国际黄金期货价格报1815.00美元/盎司，跌幅0.43%。","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1780,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9005958125,"gmtCreate":1642153982464,"gmtModify":1676533687205,"author":{"id":"3570833668911971","authorId":"3570833668911971","name":"Li Guixi","avatar":"https://static.tigerbbs.com/d47f140f55f4badb19ca06d16064de5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570833668911971","authorIdStr":"3570833668911971"},"themes":[],"title":"","htmlText":"👌","listText":"👌","text":"👌","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9005958125","repostId":"1106363843","repostType":4,"repost":{"id":"1106363843","kind":"news","pubTimestamp":1642153329,"share":"https://ttm.financial/m/news/1106363843?lang=en_US&edition=fundamental","pubTime":"2022-01-14 17:42","market":"sh","language":"zh","title":"Are capitalists tired of hearing the \"metaverse\" story of Chinese Online?","url":"https://stock-news.laohu8.com/highlight/detail?id=1106363843","media":"锌刻度","summary":"“元宇宙”罩不住中文在线了？被誉为“元宇宙”龙头之一的中文在线，这下尴尬了。2022年1月11日，中国移动通信联合会元宇宙产业委员会揭牌，接纳涉足“元宇宙”的8家上市公司，包括中青宝、天下秀、风语筑等","content":"<p><html><head></head><body><b>\"metaverse\" can't cover it.<a href=\"https://laohu8.com/S/300364\">Chinese Online</a>Yes?</b>ChineseOnline, hailed as one of the leading companies in \"metaverse,\" is now in an awkward position.</p><p>January 11, 2022,<a href=\"https://laohu8.com/S/CHL\">China Mobile</a>The metaverse Industry Committee of the China Communications Federation was inaugurated, accepting eight listed companies involved in \"metaverse,\" including...<a href=\"https://laohu8.com/S/300052\">Zhongqingbao</a>、<a href=\"https://laohu8.com/S/600556\">World Show</a>、<a href=\"https://laohu8.com/S/603466\">Wind Whispers</a>While waiting for the leading company in the A-share \"metaverse\" concept, Chinese Online was nowhere to be seen.</p><p>Even more subtly, ChineseOnline's performance, despite a significant profit forecast, continued to plummet.</p><p>Recently, ChineseAll released its 2021 annual performance forecast, expecting a profit of 90 million to 110 million yuan for the whole of 2021, an increase of 84% to 125% compared with 48.9231 million yuan in the previous fiscal year. The company's \"Literature+\" business revenue increased, resulting in a significant increase in net profit compared with the same period of the previous year.</p><p>Unexpectedly, the stock price fell for four consecutive days after the forecast was released, with the first trading day plummeting by 7.42%, the second trading day plummeting by 8.33%, and the third trading day plummeting by 8.11% shortly after the market opened.</p><p>What is the logic behind ChineseAll releasing positive earnings early on, but instead of rising, it fell? How effective is it to get involved in \"metaverse\"? With the online literature market fiercely competitive, what are the chances of Chinese Online winning?</p><p><b>Riding the wave of \"metaverse\" has a hidden meaning behind it.</b></p><p>Generally speaking, the earlier the annual earnings forecast and the greater the increase in net profit, the easier it is to attract the attention of funds, and many stocks with significant profit forecasts have performed quite strongly.</p><p>As a result, ChineseOnline's performance has become particularly striking.</p><p>\"Previously, ChineseAll was busy riding the wave of the 'metaverse' trend, and its stock price rose too quickly, which may be related to the fact that its expected profits fell instead of rising,\" said a private equity professional.</p><p>The private equity professional further stated,<b>When it comes to ways to ride the wave of \"metaverse,\" Chinese Online claims second place, but no one dares to claim first place.</b>。</p><p>For a considerable period of time, ChineseAll's stock price hovered between 5 and 7 yuan until the actual controller made a significant move, which caused the stock price to fluctuate.</p><p>According to data from Aiqicha, Tong Zhilei, chairman of ChineseAll, is the largest shareholder and actual controller of ChineseAll, holding 13.71% of the shares.</p><p><img src=\"https://static.tigerbbs.com/a8e2f16a00cdbfceee965b0b7a7c0a7e\" tg-width=\"733\" tg-height=\"474\" referrerpolicy=\"no-referrer\"/></p><p>Image source: Aiqicha</p><p>On October 14, 2021, Tong Zhilei announced his intention to transfer no more than 3% of the company's total share capital to Guangzhou Xuanyuan Investment Management Co., Ltd.—Xuanyuan Yuanding No. 6 Private Equity Investment Fund through block trading. Tong Zhilei was the sole holder of Xuanyuan Yuanding No. 6 Private Equity Investment Fund.</p><p>It's important to note that this isn't a simple left-handed transfer; there's a hidden meaning behind it.</p><p>According to the relevant regulations of the China Securities Regulatory Commission, shareholders holding more than 5% of the shares must announce the reduction of their holdings in advance, while those holding less than 5% of the shares do not need to comply with the above regulations. This means that the reduction of holdings is more covert.</p><p>Following this \"coincidence,\" Chinese Online has been frequently moving closer to \"metaverse.\"</p><p>For example, on October 19, the company responded to investors: \"We can continue to provide metaverse with a massive amount of IP and enrich the construction of the virtual world. The company is actively researching related directions.\"</p><p>For example, on November 9th, the company responded to investors: \"The company is optimistic about the future development of metaverse. metaverse is the company's long-term development strategy. The company has established a team and invested relevant resources. Currently, it has applied for trademarks such as Chinese metaverse, 17 metaverse, IP metaverse, and April Tianyuan Universe.\" Even more impressively, it launched the \"Chinese metaverse Global Essay Contest,\" with a top prize of 1 million yuan, pioneering the online literature industry's foray into metaverse.</p><p>Against this backdrop, enthusiastic funds poured into ChineseAll.</p><p>ChineseAll's stock price also rose like a \"rocket,\" from 5.59 yuan on October 14, 2021, to 19.88 yuan on December 13, 2021, an increase of 225.64%, making it the leading stock in the metaverse concept, alongside Zhongqingbao.</p><p>After the stock price rose, a reduction in holdings followed.</p><p>The eighth largest shareholder, Qidi Huachuang, announced a complete reduction of 7,761,368 shares, while Qidi Incubator announced a complete reduction of 3,776,625 shares, both of which withdrew from the list of shareholders of Chinese Online.</p><p>Therefore,<b>It's hard to say for sure how much spark ChineseOnline and \"metaverse\" can create, but it's obvious that the relevant shareholders have made a fortune from it.</b></p><p><b>Performance has rebounded, but it has absolutely nothing to do with metaverse.</b></p><p>In short, the bubble coupled with shareholder reductions became the key to the sharp drop in Chinese Online's stock price, and even with the significant profit forecast, it was not enough.</p><p>In addition,<b>The profitability of ChineseAll is also questionable.</b></p><p>ChineseAll also forecasted: \"During the (2021) reporting period, non-recurring gains and losses are expected to have an impact of approximately RMB 84 million on the current net profit.\"</p><p>Non-recurring gains and losses, namely non-core business income, such as gains from the sale of equity or gains from financial investments, are characterized by uncertainty, high volatility, and non-sustainability.</p><p>In other words, ChineseAll's net profit excluding non-recurring items (main business) in 2021 was only 6 million to 26 million yuan.</p><p>According to financial reports, ChineseAll's net profit excluding non-recurring items was RMB 45.63 million, RMB -1.966 billion, RMB -645 million, RMB -46.4075 million, and RMB 12.84 million in the first three quarters of 2017, respectively. This means that ChineseAll's profitability has not yet recovered to the level of 2017.</p><p><img src=\"https://static.tigerbbs.com/d215fbe6a66d6394a84a4e211ed63cb6\" tg-width=\"704\" tg-height=\"465\" referrerpolicy=\"no-referrer\"/></p><p>Profitability has not yet fully recovered.</p><p><b>This is largely due to its failure to cross over into other industries.</b></p><p>According to publicly available information, ChineseAll owns original online literature platforms such as 17K Novel Network, April Sky Novel Network, and Tangyuan Creation, acting as a digital content provider.</p><p>This industry was not profitable, and its profitability did not change much from 2011 to 2016. Therefore, in 2017, it spent 1.472 billion yuan at a premium of 5.26 times to acquire Chenzhike, entering the gaming field in search of a second curve.</p><p>To everyone's surprise, Chenzhike, which focuses on anime and manga games, was not a good match.</p><p>From 2018 to 2020, Chenzhike's net profit was -89.0393 million yuan, -279 million yuan, and -13.1342 million yuan, respectively. Instead of becoming a new growth engine, it became a burden on ChineseAll, forcing it to undergo huge goodwill impairment, thereby affecting its profitability.</p><p><b>So, will venturing into \"metaverse\" now repeat the same mistakes?</b></p><p>An industry insider told Zinc Scale: \"ChineseOnline's actual business scope remains unchanged, and the sources of its operating revenue and net profit remain unchanged. Being associated with 'metaverse' is nothing more than new wine in an old bottle, which has long been questioned by the Shenzhen Stock Exchange.\"</p><p>The industry insider further stated that ChineseAll's approach to entering the \"metaverse\" market has no advantages: online essay contests have no technical barriers and are extremely easy to imitate, and the manuscripts in the essay contest do not require exclusivity. It is still early days to adapt online novels into \"metaverse\" stories and film and television works, since the prototype of \"metaverse\" has not yet been determined, and the industry is currently mainly focused on the technical aspects.</p><p>\"There is uncertainty as to whether the application terminals involved in the metaverse are widespread, whether they can truly establish a connection between the virtual and the real world, and whether there are real implementation scenarios.\" ChineseAll also admitted that there have been no major changes in the fundamentals. \"The company has already made a layout for metaverse, but it is still in the exploratory and trial stage. There is considerable uncertainty about the future implementation progress of the project and whether it can achieve the results expected by the company, and it will not have a significant impact on the company's short-term operating performance.\"</p><p>In other words,<b>The story of \"metaverse\" on Chinese Online is not as appealing as it sounds.</b></p><p><b>Fighting on two fronts, how can Chinese Online break through?</b></p><p>Leaving aside \"metaverse,\" the competitive landscape for ChineseAll is not optimistic.</p><p>On the one hand,<b>The rise of free online literature has broken the pattern dominated by paid reading, and the competition for free paid reading has become fierce.</b></p><p>Since the second half of 2018, mobile reading apps such as Qimao Novels, Tomato Novels, Shuqi Novels, and Fit Novels, which claim to offer free reading, have intervened. With a large amount of free content and cash reading incentives, they have \"paved the way with money\" to reshape the market that was once dominated by piracy, turning the background of free novels from gray to white.</p><p>According to QuestMobile's 2020<a href=\"https://laohu8.com/S/600941\">China Mobile</a>According to the \"Internet Annual Report Part 2\", in December 2020, the number of users of free reading apps reached 144 million, an increase of 22% compared with 118 million in the same period of the previous year. The situation is exactly the opposite for paid online literature apps, with monthly active users in the industry declining from 254 million in December 2019 to 219 million, a drop of 13.7%. As a member of the paid camp, ChineseOnline has naturally also been impacted.</p><p>Fortunately, ChineseAll and Qimao Novels have partnered on digital content licensing, which has indirectly benefited from the growth of free novels to some extent.</p><p>On the other hand,<b>Compared to its target<a href=\"https://laohu8.com/S/603533\">iReader Technology</a>Not to be underestimated, the two sides are engaged in a fierce battle.</b></p><p>According to iReader Technology's financial report, its operating revenue for the first three quarters of 2021 was 1.597 billion yuan, a year-on-year increase of 6.81%; Net profit was 149 million yuan, a year-on-year decrease of 10.46%; Net profit excluding non-recurring items was 147 million yuan, a year-on-year decrease of 9.77%.</p><p>This means that iReader Technology's operating revenue, net profit, and net profit excluding non-recurring items are all significantly higher than ChineseAll, although the latter has a greater advantage when going global.</p><p>ChineseAll has a relatively rich overseas product line, with multiple platforms such as Chapters, Screen, Spotlight, and Kiss. In the first half of 2021, its operating revenue was 334 million yuan, while iReader Technology mainly relies on the overseas version of iReader, with operating revenue of 148 million yuan in the first half of 2021.</p><p><img src=\"https://static.tigerbbs.com/09710d821259c30452d6462bbbd00032\" tg-width=\"675\" tg-height=\"485\" referrerpolicy=\"no-referrer\"/></p><p>Chinese online popularity chart</p><p>It's important to note that both sides are backed by numerous industry giants.</p><p><a href=\"https://laohu8.com/S/BIDU\">Baidu</a>、<a href=\"https://laohu8.com/S/00700\">Tencent</a>with<a href=\"https://laohu8.com/S/00772\">China Literature Group</a>As shareholders of ChineseAll, ByteDance and Bilibili have invested in iReader Technology. With the support of these giants, this competition is unlikely to be over in the short term.</p><p>In conclusion,<b>As competition in the online literature field intensifies, ChineseAll is focusing its energy on \"metaverse.\" Whether this is correct or not remains to be seen. The only certainty is that without performance support, even the best concept is a tree without roots.</b></p><p>After all, it's fleeting and can't last.</p><p></body></html></p>","source":"lsy1568158634801","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Are capitalists tired of hearing the \"metaverse\" story of Chinese Online?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAre capitalists tired of hearing the \"metaverse\" story of Chinese Online?\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">锌刻度</strong><span class=\"h-time small\">2022-01-14 17:42</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body><b>\"metaverse\" can't cover it.<a href=\"https://laohu8.com/S/300364\">Chinese Online</a>Yes?</b>ChineseOnline, hailed as one of the leading companies in \"metaverse,\" is now in an awkward position.</p><p>January 11, 2022,<a href=\"https://laohu8.com/S/CHL\">China Mobile</a>The metaverse Industry Committee of the China Communications Federation was inaugurated, accepting eight listed companies involved in \"metaverse,\" including...<a href=\"https://laohu8.com/S/300052\">Zhongqingbao</a>、<a href=\"https://laohu8.com/S/600556\">World Show</a>、<a href=\"https://laohu8.com/S/603466\">Wind Whispers</a>While waiting for the leading company in the A-share \"metaverse\" concept, Chinese Online was nowhere to be seen.</p><p>Even more subtly, ChineseOnline's performance, despite a significant profit forecast, continued to plummet.</p><p>Recently, ChineseAll released its 2021 annual performance forecast, expecting a profit of 90 million to 110 million yuan for the whole of 2021, an increase of 84% to 125% compared with 48.9231 million yuan in the previous fiscal year. The company's \"Literature+\" business revenue increased, resulting in a significant increase in net profit compared with the same period of the previous year.</p><p>Unexpectedly, the stock price fell for four consecutive days after the forecast was released, with the first trading day plummeting by 7.42%, the second trading day plummeting by 8.33%, and the third trading day plummeting by 8.11% shortly after the market opened.</p><p>What is the logic behind ChineseAll releasing positive earnings early on, but instead of rising, it fell? How effective is it to get involved in \"metaverse\"? With the online literature market fiercely competitive, what are the chances of Chinese Online winning?</p><p><b>Riding the wave of \"metaverse\" has a hidden meaning behind it.</b></p><p>Generally speaking, the earlier the annual earnings forecast and the greater the increase in net profit, the easier it is to attract the attention of funds, and many stocks with significant profit forecasts have performed quite strongly.</p><p>As a result, ChineseOnline's performance has become particularly striking.</p><p>\"Previously, ChineseAll was busy riding the wave of the 'metaverse' trend, and its stock price rose too quickly, which may be related to the fact that its expected profits fell instead of rising,\" said a private equity professional.</p><p>The private equity professional further stated,<b>When it comes to ways to ride the wave of \"metaverse,\" Chinese Online claims second place, but no one dares to claim first place.</b>。</p><p>For a considerable period of time, ChineseAll's stock price hovered between 5 and 7 yuan until the actual controller made a significant move, which caused the stock price to fluctuate.</p><p>According to data from Aiqicha, Tong Zhilei, chairman of ChineseAll, is the largest shareholder and actual controller of ChineseAll, holding 13.71% of the shares.</p><p><img src=\"https://static.tigerbbs.com/a8e2f16a00cdbfceee965b0b7a7c0a7e\" tg-width=\"733\" tg-height=\"474\" referrerpolicy=\"no-referrer\"/></p><p>Image source: Aiqicha</p><p>On October 14, 2021, Tong Zhilei announced his intention to transfer no more than 3% of the company's total share capital to Guangzhou Xuanyuan Investment Management Co., Ltd.—Xuanyuan Yuanding No. 6 Private Equity Investment Fund through block trading. Tong Zhilei was the sole holder of Xuanyuan Yuanding No. 6 Private Equity Investment Fund.</p><p>It's important to note that this isn't a simple left-handed transfer; there's a hidden meaning behind it.</p><p>According to the relevant regulations of the China Securities Regulatory Commission, shareholders holding more than 5% of the shares must announce the reduction of their holdings in advance, while those holding less than 5% of the shares do not need to comply with the above regulations. This means that the reduction of holdings is more covert.</p><p>Following this \"coincidence,\" Chinese Online has been frequently moving closer to \"metaverse.\"</p><p>For example, on October 19, the company responded to investors: \"We can continue to provide metaverse with a massive amount of IP and enrich the construction of the virtual world. The company is actively researching related directions.\"</p><p>For example, on November 9th, the company responded to investors: \"The company is optimistic about the future development of metaverse. metaverse is the company's long-term development strategy. The company has established a team and invested relevant resources. Currently, it has applied for trademarks such as Chinese metaverse, 17 metaverse, IP metaverse, and April Tianyuan Universe.\" Even more impressively, it launched the \"Chinese metaverse Global Essay Contest,\" with a top prize of 1 million yuan, pioneering the online literature industry's foray into metaverse.</p><p>Against this backdrop, enthusiastic funds poured into ChineseAll.</p><p>ChineseAll's stock price also rose like a \"rocket,\" from 5.59 yuan on October 14, 2021, to 19.88 yuan on December 13, 2021, an increase of 225.64%, making it the leading stock in the metaverse concept, alongside Zhongqingbao.</p><p>After the stock price rose, a reduction in holdings followed.</p><p>The eighth largest shareholder, Qidi Huachuang, announced a complete reduction of 7,761,368 shares, while Qidi Incubator announced a complete reduction of 3,776,625 shares, both of which withdrew from the list of shareholders of Chinese Online.</p><p>Therefore,<b>It's hard to say for sure how much spark ChineseOnline and \"metaverse\" can create, but it's obvious that the relevant shareholders have made a fortune from it.</b></p><p><b>Performance has rebounded, but it has absolutely nothing to do with metaverse.</b></p><p>In short, the bubble coupled with shareholder reductions became the key to the sharp drop in Chinese Online's stock price, and even with the significant profit forecast, it was not enough.</p><p>In addition,<b>The profitability of ChineseAll is also questionable.</b></p><p>ChineseAll also forecasted: \"During the (2021) reporting period, non-recurring gains and losses are expected to have an impact of approximately RMB 84 million on the current net profit.\"</p><p>Non-recurring gains and losses, namely non-core business income, such as gains from the sale of equity or gains from financial investments, are characterized by uncertainty, high volatility, and non-sustainability.</p><p>In other words, ChineseAll's net profit excluding non-recurring items (main business) in 2021 was only 6 million to 26 million yuan.</p><p>According to financial reports, ChineseAll's net profit excluding non-recurring items was RMB 45.63 million, RMB -1.966 billion, RMB -645 million, RMB -46.4075 million, and RMB 12.84 million in the first three quarters of 2017, respectively. This means that ChineseAll's profitability has not yet recovered to the level of 2017.</p><p><img src=\"https://static.tigerbbs.com/d215fbe6a66d6394a84a4e211ed63cb6\" tg-width=\"704\" tg-height=\"465\" referrerpolicy=\"no-referrer\"/></p><p>Profitability has not yet fully recovered.</p><p><b>This is largely due to its failure to cross over into other industries.</b></p><p>According to publicly available information, ChineseAll owns original online literature platforms such as 17K Novel Network, April Sky Novel Network, and Tangyuan Creation, acting as a digital content provider.</p><p>This industry was not profitable, and its profitability did not change much from 2011 to 2016. Therefore, in 2017, it spent 1.472 billion yuan at a premium of 5.26 times to acquire Chenzhike, entering the gaming field in search of a second curve.</p><p>To everyone's surprise, Chenzhike, which focuses on anime and manga games, was not a good match.</p><p>From 2018 to 2020, Chenzhike's net profit was -89.0393 million yuan, -279 million yuan, and -13.1342 million yuan, respectively. Instead of becoming a new growth engine, it became a burden on ChineseAll, forcing it to undergo huge goodwill impairment, thereby affecting its profitability.</p><p><b>So, will venturing into \"metaverse\" now repeat the same mistakes?</b></p><p>An industry insider told Zinc Scale: \"ChineseOnline's actual business scope remains unchanged, and the sources of its operating revenue and net profit remain unchanged. Being associated with 'metaverse' is nothing more than new wine in an old bottle, which has long been questioned by the Shenzhen Stock Exchange.\"</p><p>The industry insider further stated that ChineseAll's approach to entering the \"metaverse\" market has no advantages: online essay contests have no technical barriers and are extremely easy to imitate, and the manuscripts in the essay contest do not require exclusivity. It is still early days to adapt online novels into \"metaverse\" stories and film and television works, since the prototype of \"metaverse\" has not yet been determined, and the industry is currently mainly focused on the technical aspects.</p><p>\"There is uncertainty as to whether the application terminals involved in the metaverse are widespread, whether they can truly establish a connection between the virtual and the real world, and whether there are real implementation scenarios.\" ChineseAll also admitted that there have been no major changes in the fundamentals. \"The company has already made a layout for metaverse, but it is still in the exploratory and trial stage. There is considerable uncertainty about the future implementation progress of the project and whether it can achieve the results expected by the company, and it will not have a significant impact on the company's short-term operating performance.\"</p><p>In other words,<b>The story of \"metaverse\" on Chinese Online is not as appealing as it sounds.</b></p><p><b>Fighting on two fronts, how can Chinese Online break through?</b></p><p>Leaving aside \"metaverse,\" the competitive landscape for ChineseAll is not optimistic.</p><p>On the one hand,<b>The rise of free online literature has broken the pattern dominated by paid reading, and the competition for free paid reading has become fierce.</b></p><p>Since the second half of 2018, mobile reading apps such as Qimao Novels, Tomato Novels, Shuqi Novels, and Fit Novels, which claim to offer free reading, have intervened. With a large amount of free content and cash reading incentives, they have \"paved the way with money\" to reshape the market that was once dominated by piracy, turning the background of free novels from gray to white.</p><p>According to QuestMobile's 2020<a href=\"https://laohu8.com/S/600941\">China Mobile</a>According to the \"Internet Annual Report Part 2\", in December 2020, the number of users of free reading apps reached 144 million, an increase of 22% compared with 118 million in the same period of the previous year. The situation is exactly the opposite for paid online literature apps, with monthly active users in the industry declining from 254 million in December 2019 to 219 million, a drop of 13.7%. As a member of the paid camp, ChineseOnline has naturally also been impacted.</p><p>Fortunately, ChineseAll and Qimao Novels have partnered on digital content licensing, which has indirectly benefited from the growth of free novels to some extent.</p><p>On the other hand,<b>Compared to its target<a href=\"https://laohu8.com/S/603533\">iReader Technology</a>Not to be underestimated, the two sides are engaged in a fierce battle.</b></p><p>According to iReader Technology's financial report, its operating revenue for the first three quarters of 2021 was 1.597 billion yuan, a year-on-year increase of 6.81%; Net profit was 149 million yuan, a year-on-year decrease of 10.46%; Net profit excluding non-recurring items was 147 million yuan, a year-on-year decrease of 9.77%.</p><p>This means that iReader Technology's operating revenue, net profit, and net profit excluding non-recurring items are all significantly higher than ChineseAll, although the latter has a greater advantage when going global.</p><p>ChineseAll has a relatively rich overseas product line, with multiple platforms such as Chapters, Screen, Spotlight, and Kiss. In the first half of 2021, its operating revenue was 334 million yuan, while iReader Technology mainly relies on the overseas version of iReader, with operating revenue of 148 million yuan in the first half of 2021.</p><p><img src=\"https://static.tigerbbs.com/09710d821259c30452d6462bbbd00032\" tg-width=\"675\" tg-height=\"485\" referrerpolicy=\"no-referrer\"/></p><p>Chinese online popularity chart</p><p>It's important to note that both sides are backed by numerous industry giants.</p><p><a href=\"https://laohu8.com/S/BIDU\">Baidu</a>、<a href=\"https://laohu8.com/S/00700\">Tencent</a>with<a href=\"https://laohu8.com/S/00772\">China Literature Group</a>As shareholders of ChineseAll, ByteDance and Bilibili have invested in iReader Technology. With the support of these giants, this competition is unlikely to be over in the short term.</p><p>In conclusion,<b>As competition in the online literature field intensifies, ChineseAll is focusing its energy on \"metaverse.\" Whether this is correct or not remains to be seen. The only certainty is that without performance support, even the best concept is a tree without roots.</b></p><p>After all, it's fleeting and can't last.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/bpAZS7d6aIk7IkESp6AL5w\">锌刻度</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/4d12ba6d4abafb70216f4d41c63dd343","relate_stocks":{"300364":"中文在线"},"source_url":"https://mp.weixin.qq.com/s/bpAZS7d6aIk7IkESp6AL5w","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106363843","content_text":"“元宇宙”罩不住中文在线了？被誉为“元宇宙”龙头之一的中文在线，这下尴尬了。2022年1月11日，中国移动通信联合会元宇宙产业委员会揭牌，接纳涉足“元宇宙”的8家上市公司，包括中青宝、天下秀、风语筑等A股“元宇宙”概念龙头，却不见中文在线的身影。更为微妙的是，中文在线的业绩大幅预盈，却持续暴跌。日前，中文在线发布2021年度业绩预告，预计2021年全年盈利9000万元~11000万元，比上一个财年的4892.31万元增长84%~125%，公司“文学+”业务收入增长，致净利润较上年同期有大幅增长。万万没想到，预告发布之后股价连跌四天，其中第一个交易日暴跌7.42%，第二个交易日暴跌8.33%，第三个交易日开盘不久就暴跌8.11%。中文在线早早发布业绩利好，不涨反跌的背后是何逻辑？涉足“元宇宙”，到底成色几何？网文市场竞争白热化，中文在线又有几分胜算？蹭“元宇宙”热度，背后大有玄机一般而言，年度业绩预告时间越靠前、净利润增幅越大，就越容易获得资金的关注，多只大幅预盈的股票表现的相当坚挺。如此一来，中文在线的走势格外扎眼。“之前，中文在线忙于蹭‘元宇宙’热度，股价过快上涨，预盈不涨反跌或与此有关。”一名私募人士如是说。该私募人士进一步表示，论蹭“元宇宙”的手段，中文在线称第二，无人敢认第一。相当长一段时间，中文在线的股价在5元~7元徘徊，直到实际控制人有了意味深长的动作，股价才起了波澜。据爱企查数据显示，中文在线董事长童之磊为中文在线的第一大股东及实际控制人，持股比例为13.71%。图源：爱企查2021年10月14日，童之磊宣布拟以大宗交易的方式转让不超过公司总股本3%的股份给广州市玄元投资管理有限公司—玄元元定6号私募证券投资基金，而玄元元定6号私募证券投资基金的唯一持有人正是童之磊。需要注意的是，这不是简单的左手倒右手，其中大有玄机。按照证监会的相关规定，持股5%以上股东减持必须提前公告，而持股比例低于5%则不用遵守上述规定，这意味着如若减持更为隐蔽。“巧合”之后，中文在线频频向“元宇宙”靠拢。譬如，10月19日答复投资者：“可为元宇宙持续提供海量的IP，丰富构建虚拟世界，公司在积极研究相关方向”。再譬如，11月9日答复投资者：“公司看好元宇宙未来的发展，元宇宙是公司长期发展战略，公司已成立团队并投入相关资源，目前已申请如中文元宇宙、17元宇宙、IP元宇宙、四月天元宇宙等商标。”更绝的是，发起“中文元宇宙全球征文大赛”，最高奖高达100万元，开了网文行业涉足元宇宙的先河。此背景下，狂热的资金纷纷涌入中文在线。而中文在线的股价也犹如坐上了“火箭”，从2021年10月14日的5.59元一路上扬至12月13日的19.88元，涨幅高达225.64%，与中青宝并肩成为元宇宙概念的龙头。股价抬高之后，减持随即而来。第八大股东启迪华创宣布清仓减持7761368股，启迪孵化器宣布清仓减持3776625股，双双退出中文在线股东序列。由此可见，中文在线与“元宇宙”可以擦出多大的火花，现在不好下定论，但相关股东借此赚得盆满钵满却是一看便知。业绩回暖，但跟元宇宙没有一毛钱关系一言以蔽之，泡沫化叠加股东减持，成为中文在线股价狂泄的关键所在，哪怕业绩大幅预盈也不济于是。另外，中文在线的预盈成色也值得商榷。中文在线也预告：“（2021年）报告期内，预计非经常性损益对当期净利润的影响金额约为8400万元。”所谓非经常性损益，即非主业收入，譬如出售股权带来的收益、金融投资带来的收益等，具有不确定性、高波动性、非持续性等特点。换而言之，中文在线2021年扣非净利润（主业）只有600万元~2600万元。据财报数据显示，2017年~2021年前三季度，中文在线扣非净利润分别为4563万元、-19.66亿元、-6.45亿元、-4640.75万元、1284万元，也就是说中文在线的盈利能力还没有恢复到2017年的水准。盈利能力还没完全恢复之所以如此，与其跨界失败有莫大的关系。据公开资料显示，中文在线旗下拥有17K小说网、四月天小说网、汤圆创作等网络文学原创平台，扮演的是数字内容提供商的角色。这一行赚钱不宜，2011年~2016年盈利能力变化不大，遂于2017年耗资14.72亿元、溢价5.26倍收购晨之科，切入游戏领域以寻求第二曲线。万万没想到的是，这家主打二次元游戏的晨之科并非良配。2018年~2020年，晨之科的净利润分别为-8903.93万元、-2.79亿元、-1313.42万元，非常没有成为新的增长极，反而成为中文在线的累赘，导致其不得不进行巨额商誉减值，从而影响了盈利能力。那么，当下涉足“元宇宙”会重蹈覆辙吗？一名业内人士告诉锌刻度：“中文在线的实际业务范畴未变，营业收入与净利润的来源未变，与‘元宇宙’扯上关系不过是旧瓶装新酒，早就引起深交所的质疑。”该业内人士进一步表示，中文在线挺进“元宇宙”的打法并无优势：网络征文并无技术壁垒，极易被模仿，且征文活动的稿件并未要求排他性；网文改编为“元宇宙”故事及影视作品尚早，毕竟“元宇宙”的雏形都还没有定下来，目前行业主要聚焦技术层面。“元宇宙所涉及的应用终端是否普及，能否真正建立虚拟和现实的联系，以及是否有真实的落地场景，存在不确定性。”中文在线也坦承基本面未发生重大变化，“公司已经进行元宇宙的布局，但仍处于探索尝试阶段，项目未来的实施进度以及能否达到公司预计的效果，存在较大的不确定性，且对公司短期经营业绩不构成重大影响。”换而言之，中文在线的“元宇宙”故事，没有其说那么动听。两线作战，中文在线如何突围？抛开“元宇宙”不谈，中文在线的竞争势态并不乐观。一方面，免费网文兴起，打破付费阅读为主导的格局，免费付费之争白热化。自2018年下半年，七猫小说、番茄小说、书旗小说、飞度小说等喊着免费阅读口号的移动阅读APP横插一脚，凭借大量免费内容，并辅以现金阅读激励，“用钱开路”重塑昔日盗文主导市场，将免费小说的底色由灰转白。据QuestMobile发布的《2020中国移动互联网年度大报告·下》显示，2020年12月，免费阅读APP行业用户规模1.44亿，较上年同期的1.18亿，增长了22%。付费网文APP的状况正好相反，行业月活跃用户从2019年12月的2.54亿，下滑到2.19亿，降幅13.7%。作为付费阵营一员的中文在线，自然也受到冲击。所幸，中文在线与七猫小说在数字内容授权展开了合作，也在一定程度上间接享受到免费小说的成长红利。另外一方面，与其对标的掌阅科技不容小觑，双方呈现缠斗之势。据掌阅科技财报显示，2021年前三季度营业收入为15.97亿元，同比增长6.81%；净利润为1.49亿元，同比下滑10.46%；扣非净利润为1.47亿元，同比下滑9.77%。这意味着，掌阅科技的营业收入、净利润与扣非净利润这三大指标均高了中文在线一大截，不过后者出海上更为占优。中文在线的出海产品线较为丰富，拥有Chapters、Screen、Spotlight、Kiss等多个平台，2021年上半年营业收入为3.34亿元，而掌阅科技主要依赖iReader海外版，2021年上半年营业收入为1.48亿元。中文在线的人气图需要注意的是，对垒的双方背后都不乏巨头站台。百度、腾讯与阅文集团为中文在线的股东，而字节跳动、B站入股了掌阅科技，巨头们加持之下，这场竞赛短时间内难入终局。总而言之，在网文领域竞争愈发激烈之际，中文在线将精力倾注于“元宇宙”，是否正确尚无法给出结论，唯一确定的是如若没有业绩支撑，再好的概念也是无根之木。毕竟，昙花一现，不能持久。","news_type":1,"symbols_score_info":{"300364":0.9}},"isVote":1,"tweetType":1,"viewCount":4875,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":194683937,"gmtCreate":1621377221929,"gmtModify":1704356486295,"author":{"id":"3570833668911971","authorId":"3570833668911971","name":"Li 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Guixi","avatar":"https://static.tigerbbs.com/d47f140f55f4badb19ca06d16064de5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570833668911971","authorIdStr":"3570833668911971"},"themes":[],"title":"","htmlText":"💰","listText":"💰","text":"💰","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095473005","repostId":"1102305568","repostType":4,"repost":{"id":"1102305568","kind":"news","weMediaInfo":{"introduction":"中国大陆领先的金融数据、信息和软件服务企业，总部位于上海陆家嘴金融中心。","home_visible":1,"media_name":"Wind万得","id":"99","head_image":"https://static.tigerbbs.com/c71e30d1317b4a5cb20a41998e10ac68"},"pubTimestamp":1644979739,"share":"https://ttm.financial/m/news/1102305568?lang=en_US&edition=fundamental","pubTime":"2022-02-16 10:48","market":"hk","language":"zh","title":"The Hong Kong Stock Exchange welcomes its sixth SPAC to submit its application! What capital has already entered the market?","url":"https://stock-news.laohu8.com/highlight/detail?id=1102305568","media":"Wind万得","summary":"港交所近日披露，“特殊目的收购公司”（SPAC）Vision Deal递表港交所主板上市，花旗及海通国际担任联席保荐人。阿里巴巴前CEO卫哲、Deal Globe、楼立枢及创富融资为发起人。（图片来源","content":"<p><html><head></head><body>The Hong Kong Stock Exchange recently disclosed that Vision Deal, a special purpose acquisition company (SPAC), has submitted its application for listing on the main board of the Hong Kong Stock Exchange.<a href=\"https://laohu8.com/S/C\">Citi</a>and<a href=\"https://laohu8.com/S/00665\">Haitong International</a>Acting as joint sponsors.<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>Former CEO Wei Zhe, Deal Globe, Lou Lishu, and Chuangfu Financing are the initiators.</p><p><img src=\"https://static.tigerbbs.com/de7a7b5d0845bce6df8aca065ff9c141\" tg-width=\"796\" tg-height=\"659\" referrerpolicy=\"no-referrer\"/></p><p>(Image source: Vision Deal prospectus)</p><p>The prospectus shows that the company plans to focus on specializing in...<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>Automotive technology, and high-quality Chinese companies with supply chain and cross-border e-commerce capabilities that benefit from domestic consumption upgrading trends.</p><p><b>The former CEO of Alibaba is the initiator.</b></p><p>According to the prospectus, the initiators of Vision Deal are Wei Zhe, founder of Jiayu Capital and former CEO of Alibaba, Deal Globe, Lou Lishu, and Chuangfu Financing. 90% of the Class B shares of Vision Deal are held by Vision Deal Acquisition Sponsor LLC, which is held as to 40%, 40% and 20% by VKC Management, Deal Globe and Lou Lishu, respectively. VKC Management is an investment holding company wholly owned by Wei Zhe.</p><p>The remaining 10% of Vision Deal's Class B shares are held by Opus Vision SPAC Limited, an investment holding company wholly owned by Chuangfu Capital.</p><p>In terms of the founder's background, Jiayu Capital, a private equity investment fund founded by Wei Zhe, focuses on new channels, B2B platforms/services/products, new consumption and new technologies empowered by China's internet industry. As of December 31, 2021, its assets under management reached US$2.2 billion. Some of its well-known investments in China over the past decade focused on consumption upgrading include:<a href=\"https://laohu8.com/S/09992\">Pop Mart</a>、<a href=\"https://laohu8.com/S/06969\">Smoore International</a>、<a href=\"https://laohu8.com/S/300866\">Anker Innovation</a>etc.</p><p>Deal Globe is a member company of Easyworld Group, a cross-border boutique investment bank; Lou Lishu has held various positions in private equity firms and investment banks, including in San Francisco.<a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>Apax Partners in New York and Hillhouse Capital in Beijing; Chuangfu Capital provides a variety of financial services and has successfully completed 46 initial public offerings and secondary offerings of listed and private companies since its inception, with a total transaction size of approximately US$1.5 billion.</p><p>According to Vision Deal's prospectus, several macroeconomic factors and industry trends will continue to support China's intelligent vehicle technology market and consumption upgrading trends. China's economy has not only experienced strong growth over the past decade, but related policy and technological advancements are driving the growth of China's intelligent vehicle technology market. Furthermore, Vision Deal has witnessed the rise of Chinese companies benefiting from China's vibrant consumer market. Supported by strong domestic supply chain capabilities, Chinese consumer goods companies are gaining increasing recognition overseas.</p><p><b>The Hong Kong Stock Exchange has received applications from six SPACs.</b></p><p>According to Wind statistics, since 2022, six SPACs have applied for listing on the Hong Kong Stock Exchange. Among them, February had Ace Eight Acquisition Corporation (Ace Eight) and Vision Deal HK Acquisition Corp (Vision Deal) Submitted an application for listing.</p><p>In addition, on January 17, the Hong Kong Stock Exchange welcomed the filing of Aquila Acquisition (Aquila); On January 28, Tiger Jade Acquisition (Tiger Jade) filed for listing on the Hong Kong Stock Exchange; On January 31, Trinity Acquisition (Trinity) and Interra Acquisition (Interra) simultaneously filed for listing on the Hong Kong Stock Exchange.</p><p>According to Wind's analysis, the six SPACs currently submitted for listing on the Hong Kong Stock Exchange invest in different sectors: Aquila plans to focus on technology-enabled companies in Asian (especially China's) \"new economy\" industries (such as green energy, life sciences, and advanced technology and manufacturing); Tiger Jade focuses on the healthcare industry; Trinity focuses on the global consumer sector.</p><p>Interra plans to invest<a href=\"https://laohu8.com/S/C76.SI\">Innovative Technology</a>High-growth companies in areas such as consumer and new retail, high-end manufacturing, healthcare, and climate action; Ace Eight focuses on companies operating in the biotechnology and TMT industries in Asia.</p><p>In terms of the initiators, the initiators of all six SPACs are well-known institutions and individuals. For example, one of the founders of Aquila is CMB International Asset Management; Tiger Jade's initiators include Taixin Capital, a private equity fund focused on healthcare; Trinity founders include well-known athletes<a href=\"https://laohu8.com/S/02331\">Li Ning</a>； Interra was initiated by institutions such as Primavera Capital and ABC International Asset Management.</p><p><b>Investment opportunities and risks of SPACs</b></p><p>A SPAC is a shell company. The purpose of an IPO is to acquire a company (i.e., the SPAC target) within a predetermined period of time after listing (i.e., a SPAC M&A transaction). With massive liquidity support from central banks around the world during the pandemic, the number of SPAC IPOs worldwide has exploded in the past two years.</p><p><a href=\"https://laohu8.com/S/002736\">Guoxin Securities</a>It was stated that the Hong Kong-listed SPAC mechanism will present a significant development opportunity for large domestic securities firms. Large securities firms have a complete range of businesses and have accumulated mature teams in each business line. By creating SPACs, they can not only contribute to the development of the country's new economy, but also strengthen their comprehensive strength utilization skills and consolidate their market position.</p><p>China Development Bank Securities warned of risks, stating that the SPAC model has policy benefits, but this enthusiasm will suddenly cool down once regulatory policies are tightened. It is difficult to say that a capital market model in which the level of prosperity is firmly controlled by regulatory policies, explodes in a short period of time, and then suddenly cools down after being warned by regulators to be aware of risks does not have a bubble.</p><p>In terms of specific investment strategies, China Development Bank Securities stated that the period from the announcement of the acquisition to the completion of the acquisition is the period in which the stock price of a SPAC rises the most, and after the acquisition is completed, it can be treated as a general secondary market investment. Investors primarily use the period from the announcement of the merger to its completion as their main investment period. To reap the returns during this period, they should buy when there are \"rumors\" and sell when the dust has settled.</p><p></body></html></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Hong Kong Stock Exchange welcomes its sixth SPAC to submit its application! What capital has already entered the market?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Hong Kong Stock Exchange welcomes its sixth SPAC to submit its application! What capital has already entered the market?\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/99\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/c71e30d1317b4a5cb20a41998e10ac68);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Wind万得 </p>\n<p class=\"h-time smaller\">2022-02-16 10:48</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>The Hong Kong Stock Exchange recently disclosed that Vision Deal, a special purpose acquisition company (SPAC), has submitted its application for listing on the main board of the Hong Kong Stock Exchange.<a href=\"https://laohu8.com/S/C\">Citi</a>and<a href=\"https://laohu8.com/S/00665\">Haitong International</a>Acting as joint sponsors.<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>Former CEO Wei Zhe, Deal Globe, Lou Lishu, and Chuangfu Financing are the initiators.</p><p><img src=\"https://static.tigerbbs.com/de7a7b5d0845bce6df8aca065ff9c141\" tg-width=\"796\" tg-height=\"659\" referrerpolicy=\"no-referrer\"/></p><p>(Image source: Vision Deal prospectus)</p><p>The prospectus shows that the company plans to focus on specializing in...<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>Automotive technology, and high-quality Chinese companies with supply chain and cross-border e-commerce capabilities that benefit from domestic consumption upgrading trends.</p><p><b>The former CEO of Alibaba is the initiator.</b></p><p>According to the prospectus, the initiators of Vision Deal are Wei Zhe, founder of Jiayu Capital and former CEO of Alibaba, Deal Globe, Lou Lishu, and Chuangfu Financing. 90% of the Class B shares of Vision Deal are held by Vision Deal Acquisition Sponsor LLC, which is held as to 40%, 40% and 20% by VKC Management, Deal Globe and Lou Lishu, respectively. VKC Management is an investment holding company wholly owned by Wei Zhe.</p><p>The remaining 10% of Vision Deal's Class B shares are held by Opus Vision SPAC Limited, an investment holding company wholly owned by Chuangfu Capital.</p><p>In terms of the founder's background, Jiayu Capital, a private equity investment fund founded by Wei Zhe, focuses on new channels, B2B platforms/services/products, new consumption and new technologies empowered by China's internet industry. As of December 31, 2021, its assets under management reached US$2.2 billion. Some of its well-known investments in China over the past decade focused on consumption upgrading include:<a href=\"https://laohu8.com/S/09992\">Pop Mart</a>、<a href=\"https://laohu8.com/S/06969\">Smoore International</a>、<a href=\"https://laohu8.com/S/300866\">Anker Innovation</a>etc.</p><p>Deal Globe is a member company of Easyworld Group, a cross-border boutique investment bank; Lou Lishu has held various positions in private equity firms and investment banks, including in San Francisco.<a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>Apax Partners in New York and Hillhouse Capital in Beijing; Chuangfu Capital provides a variety of financial services and has successfully completed 46 initial public offerings and secondary offerings of listed and private companies since its inception, with a total transaction size of approximately US$1.5 billion.</p><p>According to Vision Deal's prospectus, several macroeconomic factors and industry trends will continue to support China's intelligent vehicle technology market and consumption upgrading trends. China's economy has not only experienced strong growth over the past decade, but related policy and technological advancements are driving the growth of China's intelligent vehicle technology market. Furthermore, Vision Deal has witnessed the rise of Chinese companies benefiting from China's vibrant consumer market. Supported by strong domestic supply chain capabilities, Chinese consumer goods companies are gaining increasing recognition overseas.</p><p><b>The Hong Kong Stock Exchange has received applications from six SPACs.</b></p><p>According to Wind statistics, since 2022, six SPACs have applied for listing on the Hong Kong Stock Exchange. Among them, February had Ace Eight Acquisition Corporation (Ace Eight) and Vision Deal HK Acquisition Corp (Vision Deal) Submitted an application for listing.</p><p>In addition, on January 17, the Hong Kong Stock Exchange welcomed the filing of Aquila Acquisition (Aquila); On January 28, Tiger Jade Acquisition (Tiger Jade) filed for listing on the Hong Kong Stock Exchange; On January 31, Trinity Acquisition (Trinity) and Interra Acquisition (Interra) simultaneously filed for listing on the Hong Kong Stock Exchange.</p><p>According to Wind's analysis, the six SPACs currently submitted for listing on the Hong Kong Stock Exchange invest in different sectors: Aquila plans to focus on technology-enabled companies in Asian (especially China's) \"new economy\" industries (such as green energy, life sciences, and advanced technology and manufacturing); Tiger Jade focuses on the healthcare industry; Trinity focuses on the global consumer sector.</p><p>Interra plans to invest<a href=\"https://laohu8.com/S/C76.SI\">Innovative Technology</a>High-growth companies in areas such as consumer and new retail, high-end manufacturing, healthcare, and climate action; Ace Eight focuses on companies operating in the biotechnology and TMT industries in Asia.</p><p>In terms of the initiators, the initiators of all six SPACs are well-known institutions and individuals. For example, one of the founders of Aquila is CMB International Asset Management; Tiger Jade's initiators include Taixin Capital, a private equity fund focused on healthcare; Trinity founders include well-known athletes<a href=\"https://laohu8.com/S/02331\">Li Ning</a>； Interra was initiated by institutions such as Primavera Capital and ABC International Asset Management.</p><p><b>Investment opportunities and risks of SPACs</b></p><p>A SPAC is a shell company. The purpose of an IPO is to acquire a company (i.e., the SPAC target) within a predetermined period of time after listing (i.e., a SPAC M&A transaction). With massive liquidity support from central banks around the world during the pandemic, the number of SPAC IPOs worldwide has exploded in the past two years.</p><p><a href=\"https://laohu8.com/S/002736\">Guoxin Securities</a>It was stated that the Hong Kong-listed SPAC mechanism will present a significant development opportunity for large domestic securities firms. Large securities firms have a complete range of businesses and have accumulated mature teams in each business line. By creating SPACs, they can not only contribute to the development of the country's new economy, but also strengthen their comprehensive strength utilization skills and consolidate their market position.</p><p>China Development Bank Securities warned of risks, stating that the SPAC model has policy benefits, but this enthusiasm will suddenly cool down once regulatory policies are tightened. It is difficult to say that a capital market model in which the level of prosperity is firmly controlled by regulatory policies, explodes in a short period of time, and then suddenly cools down after being warned by regulators to be aware of risks does not have a bubble.</p><p>In terms of specific investment strategies, China Development Bank Securities stated that the period from the announcement of the acquisition to the completion of the acquisition is the period in which the stock price of a SPAC rises the most, and after the acquisition is completed, it can be treated as a general secondary market investment. Investors primarily use the period from the announcement of the merger to its completion as their main investment period. To reap the returns during this period, they should buy when there are \"rumors\" and sell when the dust has settled.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c1cb237e736a4e03c939622e7b71e8e7","relate_stocks":{"HSI":"恒生指数","HSTECH":"恒生科技指数","HSCEI":"国企指数","HSCCI":"红筹指数"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102305568","content_text":"港交所近日披露，“特殊目的收购公司”（SPAC）Vision Deal递表港交所主板上市，花旗及海通国际担任联席保荐人。阿里巴巴前CEO卫哲、Deal Globe、楼立枢及创富融资为发起人。（图片来源：Vision Deal招股书）招股书显示，公司拟重点关注专门从事智能汽车技术，及具备供应链及跨境电商能力、从国内消费升级趋势中受益的中国优质公司。阿里巴巴前CEO为发起人据招股书披露，Vision Deal发起人为嘉御资本创始人、阿里巴巴前CEO卫哲、Deal Globe、楼立枢及创富融资。Vision Deal B类股份的90%由Vision Deal Acquisition Sponsor LLC持有，后者分别由VKC Management、Deal Globe及楼立枢分别持有40%、40%及20%权益。VKC Management是卫哲全资拥有的投资控股公司。Vision Deal剩余10%的B类股份由Opus Vision SPAC Limited持有，该公司为创富融资全资拥有的投资控股公司。从发起人背景来看，卫哲创立的私募股权投资基金嘉御资本注于中国互联网行业赋能的新渠道、B2B平台╱服务╱产品、新消费及新技术，截至2021年12月31日，资产管理规模达到22亿美元。其过去十年间在中国进行的部分以消费升级为主题的知名投资包括：泡泡玛特、思摩尔国际、安克创新等。Deal Globe为跨境精品投行易界集团成员公司；楼立枢曾于私募股权公司及投资银行担任多个职务，包括旧金山的高盛、纽约的Apax Partners及北京的高瓴资本；创富融资提供多项金融服务，自成立以来已成功完成46项上市公司及私人公司的首次公开发售及二次发行交易，总交易规模约15亿美元。Vision Deal招股书显示，若干宏观经济因素及行业趋势将继续支撑中国智能汽车技术市场及消费升级趋势。中国经济不仅于过去十年间强劲增长，相关政策及技术进步正推动中国智能汽车技术市场的增长。此外，Vision Deal见证受益于中国充满活力消费市场的中国公司的崛起。在强大的国内供应链能力支持下，中国消费品公司在海外越来越受认可。港交所已迎接6只SPAC递表据Wind统计，2022年以来，已经有6家SPAC递表港交所上市。其中，2月分别有Ace Eight Acquisition Corporation（Ace Eight）和Vision Deal HK Acquisition Corp （Vision Deal）递表申请上市。此外，1月17日，港交所迎接Aquila Acquisition（Aquila）递表；1月28日，Tiger Jade Acquisition（Tiger Jade）递表港交所；1月31日，Trinity Acquisition（Trinity）及Interra Acquisition（Interra）同时递表港交所。据Wind梳理，目前递表港交所上市的6只SPAC分别投资于不同领域：Aquila计划重点关注亚洲（特别是中国）“新经济”行业（例如绿色能源、生命科学及先进科技与制造行业）内有科技赋能的公司；Tiger Jade专注于医疗保健行业；Trinity关注全球性消费领域。Interra计划投资创新科技、消费及新零售、高端制造、医疗健康及气候行动等领域的高增长型公司；Ace Eight则关注亚洲经营生物技术及TMT行业的公司。而从发起人来看，6只SPAC的发起人均来自知名机构和个人。例如，Aquila发起人之一为招银国际资产管理；Tiger Jade发起人包括专注医疗保健的私募股权基金泰欣资本；Trinity发起人包括知名运动员李宁；而Interra则由春华资本、农银国际资管等机构发起。SPAC的投资机遇与风险SPAC是一种空壳公司，IPO的目的是在上市后一段预设时间内收购（即SPAC并购交易）一家公司（即SPAC并购目标）。在疫情期间全球央行的天量流动性支持下，全球SPAC IPO数量在过去两年迎来井喷式爆发。国信证券表示，港股SPAC 机制将是国内大型券商的重大发展机遇。大型券商的业务种类齐全，在各条业务线都积淀了成熟的团队，通过创设SPAC，不仅可以为国家新经济发展做出贡献，也可以强化综合实力的运用技巧，巩固市场地位。国开证券则提示风险称，SPAC模式是有政策红利的，当监管政策一旦收紧，这种狂热将骤然降温。一种繁荣景气程度被监管政策牢牢控制、短期内井喷式爆发、又被监管提示注意风险后骤然降温的资本市场模式，我们很难说它不存在泡沫。从具体投资策略来看，国开证券表示，SPAC 股价在宣布并购到完成并购期间是涨幅最大的区间，并购完成后就可按照一般二级市场投资对待。投资者主要以宣布并购到并购完成作为主要投资期间，欲获取此期间收益就要买在“流言蜚语”时，卖在“尘埃落定”时。","news_type":1,"symbols_score_info":{"HSCEI":0.9,"HSI":0.9,"HSTECH":0.9,"HSCCI":0.9}},"isVote":1,"tweetType":1,"viewCount":4928,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}